icexch
Panjang

XRPBTC. Or how to make money on two moves at once.

BITTREX:XRPBTC   Ripple / Bitcoin
Yesterday we wrote about a new wave of growth of XRPUSD. The confirmation was received at the closing of the day.

We also wrote about the correction of Bitcoin:
We can observe the visual confirmation on that, looking at the BTC             charts :)

So we have two trends within a week-two horizon at a minimum: The growth of XRPUSD and the decline of BTCUSD            
Both these trends are perfectly expressed in the growth of the pair XRPBTC             (see the graph)

What do we see on this graph? The end of the 6-month falling trend and rapid growth.
Growth, already justified by correction and renewed after it. A textbook illustration on technical analysis .
As a foreseeable goal, looking at the same textbooks, we get 0.0001200-0.0001400

Recommendation: BUY.
Komen: 0.00012
Индексы криптовалют - http://icex.ch/

Оперативная информация для принятия быстрых торговых решений на канале Telegram - https://t.me/icexch
Do you see 0.0001200-0.0001400 as a conservative target?
Balas
@Flyby, no, this is our expective target. Conservative target is about 0.0001
Balas
Flyby icexch
@icexch, thank you for clarifying.
Balas
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