michaelnecker

Circle of explosion

Long
michaelnecker Updated   
If price action enters green circle, a higher low is achieved as it collides with multiple support/resistance lines. I believe the market will be weary of the short bear trend and will be looking for a reason to enter back in to XRP. Stoch will likely be oversold at that point as well.
Trade active:
First target failed- attempted highest trendline at high of $1.945, fell within middle trendline. Found support, hoping for breakout around $1.889.
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