SoloTraderAU

Ripple XRP/BTC 190% target from major support level

SoloTraderAU Updated   
BINANCE:XRPBTC   XRP / Bitcoin
Fib Ret found somes support levels at 50% (0.0001145) and 61.8% (0.0008739) in weekly chart on the right.
Ichimoku Cloud support at 0.0001148, which is slightly below the demand zone.
As the projected cloud is green and climbing upward, we expect the current price goes dip into demand zone and then rebounce.

Therefore, all we need is patient...

By the weekly chart on the right, Fib Ext shows a few target levels.
A 190% gain is possible for this setup.
Comment:
SL at 0.9858
Trade closed: stop reached

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