Michael_KM
Long

XRP Buy zone 27c-30c - Long

BITFINEX:XRPUSD   XRP / U.S. Dollar
Hi Everyone,

I am expecting a further decline in prices.
I am looking towards to 27c-30c region for XRP.

Within this zone I expect the completion of a harmonic move/abcd.
We have a strong area of support here and the 1.618 extension level acting as confluence.

This would be a great price level to refill my bag of xrp.

I have been dollar cost averaging, all the way down. Therefore, already have a decent position in xrp.
Now it's about having patience for price to hit these levels, avoiding the urge to FOMO.

Note that the next level would be around 20cents.
Trade active
Comment: Seeing a nice rise at the moment !
A Double bottom formed with bullish divergence.This is a confirmation signal for me.
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