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xtbtrader
Nov 28, 2020 12:13 PM

XRP is breaking triangle up!! Long

XRP / TetherUSBinance

Description

Hi, we can long xrp as is breaking up the triangle and aim first target 0.64

Good trading !
Xavi.

Comment

Price is moving up, we can move stop to be, or at least reduce some risk...

Comments
solemnLion33358
hi. how about the next level?up or down?
ozzygo
amazing... hit the bull's-eye. first round stayed on the 0.648. do you think the second round is up or down?
xtbtrader
@ozgurkaynar, it depends, now is good to take some profit, and if bitcoin continue up we will see xrp and others going up also, but we have to be very carefull, as bitcoin can start another wave down in any moment...
mmzhr
it is trap ?
xtbtrader
@mmzhr, From my view ripple can go up to the levels that I put in the chart, but we have to be very carefull, cause if bitcoin move down again, ripple and the other coins will crash also, so I prefer to put my stop to breakeven and have a risk free trade. Also is possible that the price retest the break level of the triangle and goes up again, and in that case I'm out of the trade, but in the current bitcoin situation I prefer to secure my position...
mmzhr
@xtbtrader, yeah

i will save profit in 0.63 maybe fallback after reach 0.64
thnaks bro for advice :)
mmzhr
when ?
xtbtrader
@mmzhr, price is sqeezing the triangle, I think will break soon...
mmzhr
@xtbtrader, i hope
good time for buy or not ?
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