XRPBTC 4H long setup; breakout of trendline above supportTA Explained
XRPBTC just broke the descending trendline after bouncing on support area two days ago. From a TA perspective this is looking good for trend continuation. However be aware of the fork on the 12th of December! It might result in a sell off after the the Flare tokens are distributed.
Trade setup
Best entries: 0.00003060 - 0.00003160
TP1: 0.00003603
TP2: 0.00003900
TP3: 0.00004216
SL: 0.00002717
RR: 2.81
Max leverage: na
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)