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Ripple , Great Long-Term Hunting Opportunity in #XRPBTC

POLONIEX:XRPBTC   瑞波幣 / 比特幣
Technical analysis:
RIPPLE is in Range bound but Resumption of uptrend is expected.
The price touched the strong downtrend line in Daily Chart . It is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 37.

Trading suggestion:
There is possibility of temporary retracement to suggested support zone (0.0000869 to 0.0000582), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (0.0000869)
.Ending of entry zone (0.0000582)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:

(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)

Take profits:
TP1= @ 0.000128 (First Target)
TP2= @ 0.000146 (second Target)
TP3= @ 0.000178 (Third Target)
TP4= @ 0.000229 (Fourth Target)
TP5= @ Free

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Thank you
s this entry signal now? long from now?
+2 回覆
Thank you for your clear explanation of the reversal patters... I look forward to read more informative charts from you!
+1 回覆
ForecastCity josewebdotnet
@josewebdotnet, Hi, thanks for feedback
+1 回覆
Can you please write less technical English for non - English speaking people? :o)
If I understand you correct, Ripple will go up in the next days?

Thank you Sir
+1 回覆
ForecastCity Dieter1983
@Dieter1983, Hello.Yes, You've got it right and I'll try to write simpler.
+1 回覆
Dieter1983 ForecastCity
@ForecastCity, keep on the good work. I will promote you in Belgium. Thank you Sir
+2 回覆
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