JoE

XRP starting to look great

做多
JoE 已更新   
BITFINEX:XRPBTC   XRP/比特币
From an FA perspective we are seeing more and more clamp downs from governments around the world, countries simply don't like to lose control of money.

Although I do like freedom but you have to realise the reality, the approach to work with the government may shine for a while.

Technically speaking we are now testing strong support area of 0.58~0.67, XRPBTC formed a beautiful monthly falling wedge as well.


*This is just a trade setup that is yet to co, but all we need from here is a strong reversal and will be looking to break that downtrend slope around $2, and hopefully with breakout of that falling wedge on the $XRPBTC, now would be a good time to start accumulating down the road.

### NOT FINANCIAL ADVICE###
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This one took quite a while, trading Monthly chart isn't really my thing, I post this to make it act as my roadmap. As a result I got stopped out once but was able to caputure 2 up swings.

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