XRPBTC (Ripple) broke below EMA10 just to quickly bounce back above it, printing a fake breakdown.
Strong bullish divergence is also showing with the MACD.
This setup can be traded... Remember to always use a stop-loss.
Below the numbers... This is not financial advice.
----------
Trade: Ripple | XRPBTC
BUY: 0.00002500 - 0.00002700
NEXT SUPPORT: 0.00002300
TARGET:
1) 0.00002850
2) 0.00003050
3) 0.00003330
4) 0.00003650
5) 0.00003850
6) 0.00004250
7) 0.00004650
POTENTIAL PROFITS: 75%
(Price at writing 0.00002650)
STOP: Close weekly below 0.00002000.
----------
Remember to hit LIKE if you want to see more content like this and would like to show your support.
Thanks a lot for reading.
Namaste.