Ripple/Bitcoin (XRP/BTC)
XRP bounces of from the support on the daily time frame and making an engulfing candle giving us good confluence for a high probability trade.A good entry can be between 0.00008049- 0.00008500.Take Profit can be around next resistances which are 0.00008818 & 0.00010423 and stop loss around 0.00006800.
1st resistance at 0.00008818
2nd resistance at 0.00010423
1st support at 0.00008049
2nd support at 0.00007006
Entry Point
0.00008049- 0.00008500
Take Profit
0.00008818 & 0.00010423
Stop Loss
0.00006800
#cryptocurrency #crypto #Trading $BTC #Binance $XRP #Trading #bitcoin #bittrex #XRP
XRP bounces of from the support on the daily time frame and making an engulfing candle giving us good confluence for a high probability trade.A good entry can be between 0.00008049- 0.00008500.Take Profit can be around next resistances which are 0.00008818 & 0.00010423 and stop loss around 0.00006800.
1st resistance at 0.00008818
2nd resistance at 0.00010423
1st support at 0.00008049
2nd support at 0.00007006
Entry Point
0.00008049- 0.00008500
Take Profit
0.00008818 & 0.00010423
Stop Loss
0.00006800
#cryptocurrency #crypto #Trading $BTC #Binance $XRP #Trading #bitcoin #bittrex #XRP