XRP In a Bearish Channel Time to Go Short

in #trading7 years ago

XRP BTC is in a longterm down trend/ correction from its incredible run up in the first quarter. It is now a good short opportunity with a stop loss placed just above the resistance level of the channel and your take profit near the support zone . Fibonacci levels also indicated that there has been a retracement of 61.8% and the price is currently at a 50% retracement level indicating the bearish trend will likely continue.

Good Luck!

If you wanna help me out, Feel free! I know I am. 16XBjRPzStH3FANCsWmUGBGALVpQ9RkPhE

and some jams to trade too:

https://www.tradingview.com/chart/XRPBTC/sXMcf1Ei-XRP-In-a-Bearish-Channel-Time-to-Go-Short/

Sort:  

Actually, it's time to let XRP die a slow, painful death.

Thanks! Regards