Hey, I am back with another idea, this time looking at XRP/USDT.
I was bullish on XRP/USDT,
, and when I saw, that XRP has broken through the resistance level of $0.25, $0.30 was clearly ahead. I took my profit at $0.30.
On one hour time frame, there I saw a inverted head and shoulders pattern on RSI,
that made me rebuy into XRP because I see this going all the way to $0.36.
Technical side looks very good also, 4H RSI found support 60, MACD about to start new buying wave and of course, the strong uptrend channel, that has sustained after such move and drop..
Looks good to me, let's take profit from XRP!
I was bullish on XRP/USDT,
On one hour time frame, there I saw a inverted head and shoulders pattern on RSI,
Technical side looks very good also, 4H RSI found support 60, MACD about to start new buying wave and of course, the strong uptrend channel, that has sustained after such move and drop..
Looks good to me, let's take profit from XRP!
Comment:
XRP still looks bullish on 15 min time frame, the fact that RSI is above 60 is saying that there buying volume is expected, who is taking profit at 32,5c?