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Remain flat temporarily. | 26 September 2018

26 September 2018, XRP

Remain flat temporarily.

Technical observation

Ripple is currently correcting to the zone 0.52039-0.50209, I expect a bounce within it for possible bearish momentum towards the support 0.34661,should there be a breach above the above mentioned zone with a big green candle, wait for a correction to it to confirm a possible bullish momentum of price before you pick long positions towards the resistance line 0.67457.Right now, remain flat temporarily and wait for the rejection within 0.52039-0.50209 then pick short positions within it with your ideal target at 0.34661 and stop loss slightly above 0.52039.Remain short after a breakout below 0.34661.

Trade signal

Remain flat temporarily.

101% Double the volume

!Attention!
All bonus participates in drawdown!

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.
Imelda Maseno
Analyst of «FreshForex» company
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