XRP - Looks good to the upside despite the market conditions

XRP doing it's thing, not caring at all about bitcoins fall or the bearish sentiment of the crypto market.

And it's paying off !

XRP rallied before anyone else from 25cents to more than 70, in a 5 waves move and correcting in 3 waves, which is indicative of coming moves to the upside.

Once the correction ends, we might see price go higher fast.
If it goes above 85cents, we might see it go to 1.50 dollars also.

A good buying zone is 33-38cents.
Stop : 25cents
Target : sky is the limit

交易進行:

Entry 1 : .3850
Entry 2 : .3313
- > Stop moved to 3313 for both entries.

評論:

評論:

Target 1 : 0.7500.

評論:

Target 2 : 0.9800

Line chart is even clearer

評論:

Trade Setup :

* Entry : 33 to 38cents
* Stop : 25 cents
* Target 1 : 75cents
* Target 2: 98cents

手動結束交易:

Closing my long positions, don't like this last move.
Price might make a new low below 33cents.

Results : 2cents lost for first entry & 3 cents won on second entry

評論:

It was a good call to stop all open positions, price went below 33cents.
For the bullish view to remain intact, price needs to hold above 0.2521.

And if this is an ending diagonal, price needs to turn before ~32.00