Trade Recommendation: Ripple | Hacked: Hacking Finance
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Analysis

Trade Recommendation: Ripple

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Trade Recommendation: Ripple

Introduction

This article was posted on Friday, 16:38, UTC.

The price bounces from the uptrend line. RSI confirms price reversal. A new swing low is higher than the previous one and it’s a signal that we can expect further upward movement. Pending orders for buy should be placed above the local swing high at 0.233000 level. If the market breaks this level, we’ll have a good confirmation of the main uptrend continuation. Stop orders must be placed below 0.200000 level. Profit target should be near the downtrend line. It’s 0.270000 level. If the market drops below the uptrend line and 0.200000 level, buy orders must be deleted. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Buy: 0.233000
Stop: 0.198000
Profit Targets: 0.270000

The trading signal is based on Poloniex chart.

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Dmitriy Lavrov

Dmitriy Lavrov

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.

Comments
  • user

    AUTHOR fidoba

    Posted on 5:11 pm August 29, 2017.

    Hey! Can we get an update?

  • View Comments (1) ...
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