Wait for a correction | 20 September 2018

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

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.