XRPBTC After testing 8200 support there's a possible pullback to the 0.618 fib level ( 8652) before another potential downleg to the 7850 support level.
SELL: 8650
SL: 8980
TP: 7850
Note
Oh well. news to spoil the this trade.cnbc.com/2018/10/01/ripple-xrp-cryptocurrency-product-xrapid-goes-live-for-first-time.html
Trade closed: stop reached
After re-evaluating. I used the high of Septmeber 30th and today's low to bring up fib levels and the retracement comes right at 0.618 level. If the level holds target short term is still 7850.
Trade closed: target reached
Despite being stopped by 8 satoshis on my initial trade.
I re-entered the trade and it reached 7850 profit target.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.