XRPBTC Potential Long Reversal
Hi guys its Brian here with a potential long setup for XRPBTC.
XRP has been taking some serious damage for the past 2 months or so. However today it is one of the coins that is in the green amongst the sea of red.
Currently XRP is having its 4th green day on the daily time frame. MACD has just started to cross to the upside. Stochastic RSI has already crossed up and RSI is pointing up as well.
This is a somewhat high risk high return trade because there is a possibility that XRP has not yet bottomed out. However it is starting to show some signs of life and could be ramping up for the next price pump.
Stop Loss: 0.00000267
Take Profit: 0.00001093
Approximately 1:4 risk to reward ratio
brianchai.com
Free Trading Group
XRP has been taking some serious damage for the past 2 months or so. However today it is one of the coins that is in the green amongst the sea of red.
Currently XRP is having its 4th green day on the daily time frame. MACD has just started to cross to the upside. Stochastic RSI has already crossed up and RSI is pointing up as well.
This is a somewhat high risk high return trade because there is a possibility that XRP has not yet bottomed out. However it is starting to show some signs of life and could be ramping up for the next price pump.
Stop Loss: 0.00000267
Take Profit: 0.00001093
Approximately 1:4 risk to reward ratio
brianchai.com
Free Trading Group
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