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XRP/BTC MACD Signal Change - Bullish

Long
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POLONIEX:XRPBTC   XRP / Bitcoin
MACD signal change within the past 4 hours into an expanding wedge for wave 3. Perspective based solely on trend analysis shows there is further room to run. Waiting for confirmation with a brownish colored candle. This stated, lower time frame charts show bullish engulfing candles, confirming short-term market movement upward to place buys.
Trade attivo:
There is a Strong Bullish Channel that has formed and is following the support line upward
Commento:
After the test to 38.2 fib level, we retested the 23.6 fib level. During this retest, a strong bullish channel has formed on XRP/BTC creeping upward and accumulation continues in the bullish move. MACD looking for a reset on the 5 minute chart. 4 hour chart still shows strong bullish MACD support.
Trade chiuso manualmente:
BTC is going up now
Commento:
Looking for reentry point once stop hunting occurs.

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