Awaiting an Immediate Bounce

6 בפבר׳ 2019

Ripple is just a few steps away from reaching our $0.28 support area and with the entire market being in RED, i expect it to come down further to complete the pattern to hit the support before any possible bounce..Once the triangle is complete with few movement downside, there is a high probability of an immediate bounce on that region. But for now you need to exercise patience for the down movement to complete and a bullish reversal candle printed on that zone before we can be safe to go LONG