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oofd
Feb 7, 2021 11:13 PM

XRP following in DOGE's footsteps? Long

XRP / DollarBitfinex

Description

XRP's pattern is similar to DOGE's so far...

What to look for in XRP for pattern to play out:
- close above 4H 20 ma

Invalidation of idea:
XRP closes below the 0.618 retracement.
Although, DOGE did consolidate on it's 0.618 so if I were to set a stop loss I'll give it some room i.e. close below $0.37

Comment

4H candle closed above 20 ma - sweet!

Adding to position on dips from here.

Trade closed: target reached

Another great trade. Took some patience but we got there in the end. Target hit at the 0,618 retracement of the last move. If XRP breaks above there'll be another trade entry on the retest.
Comments
Darkside999
makes sense! let's see. haha hard to trust xrp
oofd
@Darkside999, ha yep let's see.
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