XRPUSD - Expecting Retest Of Long-Term Trendline ($0.32550).

BITFINEX:XRPUSD   Ripple / U.S. Dollar
2933 3
Not trading for now, just holding out as we're currently in 'No man's land'. As we remain consolidated between $0.3300 - $0.33500 I'm happy to stay out for now.

Awaiting a break lower ideally to the highlighted region shown around $0.32500-$0.32550.

Will be eyeing up potential long opportunities from this zone should it be met.
Trade closed: target reached: Target achieved.

However, no trading still. Would rather let price paint a much clearer picture first!
Coming in hot, up to $0.38 next...
Bitcoin Chart next?

As price has broken past a short term trend line and support zone, it's retested. The original trading plan looks to hold.
+4 Reply
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