TradingView
ForecastCity
Nov 28, 2019 4:53 PM

Don't miss the great buy opportunity in XRPUSD Long

XRP / DollarBitfinex

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2236). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XRPUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.

Take Profits:
TP1= @ 0.2495
TP2= @ 0.3145
TP3= @ 0.3800

SL= Break below S2
Comments
Best_Forecast
Thank you for this and your time, offering us all this.
ForecastCity
@Alexander_007, You got it.
Twitchfingerz
I really don't see the point in analyzing any altcoins since the medium - large swing movement is determined by what bitcoin does.
ForecastCity
@Twitchfingerz, Thanks for your comment and we hope you find it helpful.
fxniki
@Twitchfingerz, Sorry, I don't understand your comment. What is your point?
Forecast_Crypto
You are one of my favorite analysts!
ForecastCity
@Forecast_Crypto, Our pleasure!
fxniki
@Forecast_Crypto, Mine as well.
Forecast_Crypto
always enjoy your posts.
ForecastCity
@Forecast_Crypto, Thanks for your nice comment and support on our posts.
More