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The Ripple Long Trade
XRP
Long
The Ripple Long Trade
By 162Trading
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Updated
Feb 1, 2018
5
2
2
Jan 24, 2018
Ripple has had a pretty big bearish move and now seems like its ready to recover.
We've broken out of the bearish trend, and now we're consolidating.
Stops below previous resistance. (1.117)
Profits at retracement levels! TP 1 (2.387)
TP 2 (2.800)
Only issue I can see is that the CME contracts expire on the 26th. Something to watch out for!
Feb 1, 2018
Note
Trade is invalidated and was never active, we never broke the flag!
Bitcoin (Cryptocurrency)
Chart Patterns
Technical Indicators
ripple
trade
Trend Analysis
162Trading
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by 162Trading
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