sebastian.soik

RIPPLE - What's up next?

Long
sebastian.soik Updated   
POLONIEX:XRPBTC   XRP / Bitcoin
8
After the end of the first retracement the price took a break, mostly because of the rising BTC.

In my other analysis I saw that BTC is at the top of a triangle and about to fall lower again.

XRP/BTC forms a downside triangle until 20/05, 12:00h UTC.

I think price will start to rise at this horizontal .382 fib level and set the entry point a little higher.


ENTRY: 0.0017128
TP1: .000205
TP2: .000226
TP3: .000244
TP4: .000283
TARGET: 0.000322
Comment:
price fadedto the downside on the weekend. no change of targets, new triangle

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