Ripple vs Bitcoin - The Standard
Updated
Today we take a look at Ripple / Bitcoin
Ripple looks quite interesting at the moment ready for a large move
Confluences for a push upward -
- 0.62 Fib Level is holding
- Tight Accumulation Range ready to expand
- RSI showing strength
Target would be our recent highs + local Supply Zone
An invalidation of this idea would be a break and close below our green box
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Ripple looks quite interesting at the moment ready for a large move
Confluences for a push upward -
- 0.62 Fib Level is holding
- Tight Accumulation Range ready to expand
- RSI showing strength
Target would be our recent highs + local Supply Zone
An invalidation of this idea would be a break and close below our green box
Telegram link in bio
Trade active
Target reached. Taking profits off the table. Looking for a proper break + re-test of range high to target our local highs for the short term.A rejection off our current highs and we expect the scenario below.
Note
This is why you take profits. XRP currently re-testing our Supply Block. Watch for an impulsive move above our Block to confirm Bullish momentumTrade closed: target reached
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