Wait for a correction to 0.30016. | 14 September 2018

Technical observation

On the chart above, price is rallying towards the resistance line 0.30016, I expect either a breakout above it for bullish momentum or a rejection of price at it followed by bearish momentum of price. Wait for the correction to the zone and in case of a rejection at it re-sell Ripple at it with your ideal target at 0.25249 and stop loss around 0.31330.Should there be a breakout above 0.30016 with a big green candle, wait for a correction to it confirming a possible upward rally of price before you pick long positions towards the resistance zone 0.35115-0.34659.Right now wait for the pullback to the line 0.30016.

Trade signal

Wait for a correction to 0.30016.

101% Double the volume

The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.