After the huge pump, the time for a correction has come. Bear flag and a typical bubble formation. The monster also looks angry so XRP has gotta go lower before defeating it.
Entry: 10000-10900
TP: 6300.
Stop-loss: 11000.
Risk/Reward: 4.33:1.
Please like and follow if you agree with this idea.
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
Entry: 10000-10900
TP: 6300.
Stop-loss: 11000.
Risk/Reward: 4.33:1.
Please like and follow if you agree with this idea.
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
Trade closed manually:
Trade closed. Took profits. Right now it seems there could be a new bull run. That's what my chart is telling me now. I will wait for confirmation and if it is so, I'm staying out of it until a new short opportunity comes.
Comment:
More and more likely we're going bullish again. If you have any shorts opened, close them now.
Trade active:
New bull trend confirmed. I won't be making a new chart but I will give the TP for this bullrun in my telegram feed and group.
Trade active:
Trade opened again. It's time to short!
Trade closed manually:
Got a bit rekt. At least had stop-loss. I am totally closing this idea now.
