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DHuts
23 de Abr. de 2018 23:24

XRP to $1.10 Largo

XRP / DollarBitfinex

Descripción

I'll keep this one short. I see a good risk reward play in the XRPUSD pair.

Even played conservatively you've got a risk reward of 3:1 with a potential 23% gain.

I've drawn the bullish pennants and expect a break to the upside. The EMA's are fanning long term bullish the MACD is showing bullish divergence and the RSI has come down so there's room to run. I made a good amount of money trading XRP this year, excited to ride this train again.

I'm always waiting for a breakout to initiate the trade. A close above the triangle should confirm.

**This is my personal educated opinion for my own portfolio, use it as an educational tool but please do your own research before trading yourself**

Like it if you like it!

Please comment your questions or your opinions to talk about the trade idea.

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