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Wait for a correction | 20 September 2018

20 September 2018, XRP

Technical observation

Ripple is still above the support 0.31132 and is pulling back to it. I expect a rejection of it at the line for possible upwards movement of price towards 0.34658 or even higher to 0.40942.My advice, wait for the correction to 0.31132 and a rejection of price at it to re-buy this crypto with your take profit at 0.34658 and stop loss slightly below 0.31132.In case of a breakout above 0.34658, wait for a correction to it confirming further rise in price before you continue long with Ripple. Short positions can only be recommended below the support 0.31132 should there be a breakout below it and a retracement to it more than once.

Trade signal

Wait for the correction to 0.31132 to long Ripple.

101% Double the volume

!Attention!
All bonus participates in drawdown!
Imelda Maseno
Analyst of «FreshForex» company
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