Hello traders!
Thank you for your questions that you have sent to me in my twitter. Most of you have been asking what do I think about XRP now when it is falling? Due to high demand on your questions related to XRP I decided to make chart just for you guys.
This chart will be super short and simply explained. There are two reversal zones that are based on fibonacci retracement levels. Even the price would break through downtrend line it still might go down. These ideal reversal zones should be tested and confirmed with the oscillators before investing anything. XRP is offering good trading opportunity for scalpers but not for those who are swing trading or doing longer term investments.
It is important to wait than to regret afterwards. Always wait for patience until the price has formed a base or where it is building up the price.
Things to Remember:
-> Stop-loss orders are strongly recommended.
-> Beware of buying tops or FOMOS, you might end up losing or waiting long periods of time before getting anything back.
-> Do your homework before investing.
DISCLAIMER:
Please be aware I am providing this trading information for your benefit and insight to my trading strategies. You are responsible for your trading and investing decisions. It is highly recommended to do your own research before investing anything.
Yarr!
Thank you for your questions that you have sent to me in my twitter. Most of you have been asking what do I think about XRP now when it is falling? Due to high demand on your questions related to XRP I decided to make chart just for you guys.
This chart will be super short and simply explained. There are two reversal zones that are based on fibonacci retracement levels. Even the price would break through downtrend line it still might go down. These ideal reversal zones should be tested and confirmed with the oscillators before investing anything. XRP is offering good trading opportunity for scalpers but not for those who are swing trading or doing longer term investments.
It is important to wait than to regret afterwards. Always wait for patience until the price has formed a base or where it is building up the price.
Things to Remember:
-> Stop-loss orders are strongly recommended.
-> Beware of buying tops or FOMOS, you might end up losing or waiting long periods of time before getting anything back.
-> Do your homework before investing.
DISCLAIMER:
Please be aware I am providing this trading information for your benefit and insight to my trading strategies. You are responsible for your trading and investing decisions. It is highly recommended to do your own research before investing anything.
Yarr!
