XRP's pattern is similar to DOGE's so far...
What to look for in XRP for pattern to play out:
- close above 4H 20 ma
Invalidation of idea:
XRP closes below the 0.618 retracement.
Although, DOGE did consolidate on it's 0.618 so if I were to set a stop loss I'll give it some room i.e. close below $0.37
What to look for in XRP for pattern to play out:
- close above 4H 20 ma
Invalidation of idea:
XRP closes below the 0.618 retracement.
Although, DOGE did consolidate on it's 0.618 so if I were to set a stop loss I'll give it some room i.e. close below $0.37
Trade closed: target reached:
Another great trade. Took some patience but we got there in the end. Target hit at the 0,618 retracement of the last move. If XRP breaks above there'll be another trade entry on the retest.
Adding to position on dips from here.