RIPPLE - The Next BUY Zone

869
We may seeing a brief retracement period, which could bring XRP down between the 0.5 and 0.618 fibonacci levels where we have moving average confluence as well. We'll be looking for bullish price action between 0.70 and 0.75.

Trade Idea:
- Watch for price to retrace back to the fibonacci levels
- wait for lower timeframe trendline break to indicate bullish pressure
- Enter with stops below the rejection
- Target the previous highs but hold some for the major bullrun

Goodluck!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.