$XRP This bounce is a Bull Trap

BITFINEX:XRPUSD   Ripple / Dollar
737 9
#XRP this bounce is a bull trap - period. #bitcoin #trading #cryptocurrency
london55555 RensBruin
@RensBruin, Just curious what are you laughing at? Don't believe the post? Best of luck to you.
+2 Antworten
+1 Antworten
so you expect much lower price...? how low we can go?
+1 Antworten
@rsatzerro, My buy zone is at .23 cents unless the bottom Bollinger band exceeds it going up.
DDBUCO rsatzerro
@rsatzerro, .42 is my next target.
@DDBUCO, However it could go as low at.20-.23 Go take a quick look at the 2 hour chart. Not only are we still trading inside of a nasty bear flag.... We are also seeing a rejection of the 50 EMA, and over bought status on H1, H2, H3, and H4 timeframes according to the Stoch. Not to mention the MACD still signifies downward momentum on the H4. There is still plenty of downside in play here. The trend is your friend and we are still in a bear market. Don't fall in love with the upside when we have yet to find a true bottom.
+1 Antworten
@DDBUCO, also look at the 12 hour chart - VERY NASTY!
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