DLavrov
Long

Ripple Buy Opportunity

POLONIEX:XRPUSDT   Ripple / Tether USD
The market shows strong upward movement. We can try to join it based on a breakout signal above the resistance zone formed by SMA100 and the downtrend line. MACD supports upward movement. DMI allows opening long trades. Buy orders can be placed above the downtrend line at 2.30 with stop at 1.50 level. Profit targets are at 3.25 and 4.00 levels. The part of trade volume should be left for long run.
Comment: The market made a new swing high which is below the downtrend line and our entry level. We should keep pending orders at the same level and wait for possible breakout.
Comment: The price is going to break the downtrend line. It will give us a trend reversal signal. The pending orders should be at the same levels.
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@DLavrov any updates on this trade idea? It seems the price broke the downtrend line but then was pushed back below the downtrend line one again. Thank you very much for your advise!
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Waiting for an update on this trade
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Hey I know you're busy but was it a mistake that I followed your words? I am in a big loss at the moment and naturally I panic a little.
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YanxXx cscemo
@cscemo, you clearly didnt follow him, cause he says buy at 2.30 and the price never touched 2.30
+4 Reply
@cscemo, its not financial advice and you shouldnt follow his words.
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@DLavrov Any update here?
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Hi, do you estimate any change in trend?
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Any update here @DLavrov ?
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update ?
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It approaches the all time support. Will be interesting to see, what happens then.
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