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zcong1991

[1-hour chart analysis] Long XRP setup with confluence TP $1.2

Long
XRP (BITSTAMP:XRPUSD)  
zcong1991  
BITSTAMP:XRPUSD   XRP
Trend Analysis Chart Patterns Technical Indicators xrpusd xrp ripple Cryptocurrency
7
3
trendanalysis chartpattern indicator xrpusd xrp ripple cryptocurrency
  • Hidden bullish divergence using RSI
  • Price hit 50MA
  • Price at 0.618 fib retracement level

Entry price: $0.92
Stop-loss: previous candle low at $0.875
TP: $1.2 based on trend-based fib extension

Note that this info is only for traders. For investors, HODL!
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