It depends on the type of position you prefer and type of trader you are. For example as a day trader, I'd wait for a much lower RSI and confirm an uptrend on higher time frame. Though as a longer term trader, slowly accumulating now is a good choice too. I do predict BTC to bounce up, and personally, I'm going to wait until BTC goes up, while XRP negatively correlates and goes closer to the support line as indicated. I hope that helps.
RE: Poem written for Ripple - XRP November Recap Technical Analysis and Price Forecast, 25% Gain potential next week
You are viewing a single comment's thread from:
Poem written for Ripple - XRP November Recap Technical Analysis and Price Forecast, 25% Gain potential next week
It does, thanks! I'm pretty much torn between these two strategies, so having some logic backing each up helps.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit