XRP/BTC Trading Ideas: 05/26

Exrates.me
May 26 · 1 min read

XRP still protects the support level (marked black) We’ve bounced again and here is time to try buys when we have some rollback.

We want to use here Fibo trend extension to know where our potential take profit zone and desirable it should be matched with historical levels.

Buy zone market green, stop loss marked red line, take profit market red zone at 1.618 level.

Conclusions:

If you are bullish — entry is 0.000047–0.00004780, stop-loss — 0.00003999,

take profit -0.00007300–0.00007500

If you are bearish — entry is 0.00003999, stop-loss — 0.00004860, take profit — 0.00001550

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