Ripple possible breakout
Good news has been coming out about Ripple recently. I believe it is undervalued and the RSI agrees. It has failed to drop bellow support at 0.125 and may have started a reversal. Trade can be confirmed with high volume, RSI, MACD and a cross of the down trend line. With a TP of 0.39 there is a 6:1 risk ratio. After that we should see a new ATH. Profits may also be taken at 0.24 and 0.32.
WARING: Please be careful if following this trade, market is very unpredictable at the moment and I am still very new to trading.
If you like my idea and hopefully make some profit donations would be much a appreciated :)
153UWhQpPo8PD5VbKLexLHpJV5f9qPTmff BTC.
HAPPY TRADING :)
WARING: Please be careful if following this trade, market is very unpredictable at the moment and I am still very new to trading.
If you like my idea and hopefully make some profit donations would be much a appreciated :)
153UWhQpPo8PD5VbKLexLHpJV5f9qPTmff BTC.
HAPPY TRADING :)
Note
Down trend line touched, higher low formed at the 0.15 support, RSI at 43, MACD could be signing reversal. Looking promising but still waiting for more confirmation.Trade active
down trend brokenNote
First target reached, uptrend has started.Note
UPDATE: 
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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.