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XRPUSD 16hour: SHORT sell any RIPS 20-30% selloff(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup ::: XRPUSD 16hour chart review ::: BEAR FLAG / HEAVY chart ::: we just hit solid resistance at 21 cents ::: expecting bears to take over ::: at least short-term ::: 20%-30% correction off the highs ::: STRATEGY: short sell any rallies ::: two targets below ::: TP1 bears: 18 cents fresh demand ::: TP2 bears: 17 cents fresh demand ::: possible setup / still SPECULATIVE ::: good luck traders 🔸 Supply/Demand Zones ::: fresh demand 18c ::: fresh demand 17c 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment: BEARS ::: Sentiment outlook short-term: BEARISH