DHuts

XRP to $1.10

做多
DHuts 已更新   
I'll keep this one short. I see a good risk reward play in the XRPUSD pair.

Even played conservatively you've got a risk reward of 3:1 with a potential 23% gain.

I've drawn the bullish pennants and expect a break to the upside. The EMA's are fanning long term bullish the MACD is showing bullish divergence and the RSI has come down so there's room to run. I made a good amount of money trading XRP this year, excited to ride this train again.

I'm always waiting for a breakout to initiate the trade. A close above the triangle should confirm.

**This is my personal educated opinion for my own portfolio, use it as an educational tool but please do your own research before trading yourself**

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Please comment your questions or your opinions to talk about the trade idea.
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Like it if you like it, and comment if you have a question. I'm happy to answer!

***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
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