XRPShort
XRP Sell the downtrend.
Ripple - Intraday - We look to Sell at 1.109 (stop at 1.133)
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.110.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.038 and 1.018
Resistance: 1.100 / 1.150 / 1.200
Support: 1.050 / 1.000 / 0.960
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.110.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.038 and 1.018
Resistance: 1.100 / 1.150 / 1.200
Support: 1.050 / 1.000 / 0.960
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