XRPUSD LONG TRADE XRPUSD IS GOOD TO LONG 0.1945-0.1975 AND STOP LOSS IS 0.1920
TARGETS:
1.) 0.2016
2.) 0.2061
3.) 0.2228
4.) 0.2363
5.) 0.2467
6.) 0.2858
7.) 0.3373
Xrpusdbitmex
XRPUSD BITMEX - DAILY CHARTLooking at the DAILY chart for XRPUSD on Bitmex, I've noticed the following during this big sell off;
1) Breakout from Uptrend in process, more clear once close on DAILY or even 4HR chart for confirmation (Reliable TF's)
2) Lower Highs have been made - waiting for Retest at next Lower High for a SHORT entry (2050 - 2150 Sats for entry point)
3) DAILY/4HR Candle close below Mid Boillinger Band (waiting for confirmation)
5) MacD & RSI looking like buyer exhaustion and sellers coming in
7) 2 scenario's: Full retrace between 1045 - 1200 sats or A Retrace to 61.80 or 78.60 Fib with a Breakout from Downtrend
Do your own research (TA), not financial advise - My thought process and what I will be doing.
TREND IS OUR FRIEND!!
Feed Back would be great.
