Wait for a correction to 0.40942. | 21 September 2018

Technical observation

Yesterday, Ripple pulled intensely to the upper side and is now above the highest support key line 0.40942 this is a bullish dominance signal and while price is above this key line I expect a rally to the upper side. In the meantime, I’m waiting for a correction to 0.40942 to confirm further possible momentum to the upper side to pick long positions towards 0.48770.Should there be a breach above 0.48770 with a big green candle, wait for a pullback to it to confirm further bullish momentum of price before you pick long positions. Short positions may only be recommended below 0.40942 towards 0.34658 after a clear breakout below it.

Trade signal

Wait for a correction to 0.40942.

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.