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Looking a bit heavy
XRP / Bitcoin
Short
Looking a bit heavy
By Cryptonite_trader
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Updated
Dec 21, 2018
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Cheer
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Nov 29, 2018
Xrp to me is looking a bit heavy- (Daily chart)
Rsi not healthy
OBV "M"ing out
Volume dropping off (Bulls and bears falling a sleep)
W%R over bought
I think we will have a bounce off the .382 fib to create a M top. From here ill be looking for a short position.
There is a double distribution going on in VPVR the line up with my reload zones.
Also there is a cheeky gap at 51130 :)
Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
Dec 21, 2018
Trade closed: target reached
May 8, 2019
Trade closed: target reached
People called me many names for this chart and it played out exactly as i called it
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