graham.edwards84

XRPUSDT 8 hour chart idea

POLONIEX:XRPUSDT   XRP / Tether USD
My feeling here is that the target has been met, being the 50 MA on this 8 hour chart or you can also see it as the 200 MA on the 2 hour chart. This big retracement is typical of a second wave pattern and it usually means the half way point so come on back in and let's run this up to 5 bucks.

Sure you can leave it in ETH a bit longer but at some point the entry price on one exit price on the other will be tricky to calculate so maybe watch XRP/ETH pairing to get the best exit/entry transition point.

When I started typing this idea it was at 1.96 and already by the time this was posted it is 2.06
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