DK_Investment

Ripple - back to 0.20 $

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BITFINEX:XRPUSD   瑞波幣
Dear traders,

the XRP market price broke the middle term up trend line which indicates more down movement. Additional the market has build a head and shoulder pattern which is confirmed if the next two 4 hours candles close red and under 0.22 $. The price should move after this confirmation to the drawn buy area.

-MACD baselines going to cross bullish soon which indicates a possible long fakeout to liquidate short positions
-RSI baseline is still not in heavy overselled area which indicates more possible down movement
-Market price reached 61,8 fibonacci line which indicates an weak trend

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