sheckwess

XRP in ABC Correction?

Short
sheckwess Updated   
BITMEX:XRPH18   None
Not 100% if XRP is in ABC Correction because they have enough money to artificially keep the price up if they really wanted too, but due to decreasing volume and obvious signs of bull exhaustion, I think this correction is justified. My target is a 30% correction from the 19k fib but it could only drop to (4) before reversing the trend.

Not trading advice, just sharing my chart and ideas.
Comment:
Created a new cleaner chart with slightly modified ABC points. Ignore this I didn't know you weren't able to delete public ideas.
Trade closed: target reached:
Hit my .001326 target and closed out my short :)

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