target is 50% and 61% retrace. Place stop loss above red square.
Enjoy
Enjoy
Trade active:
closing partially here, it will probably make 1 more move down on 5min chart, i will close rest here. If break downtrendline, close trade
Comment:
XRP is tied to bitcoin and is behaving very bullish. I think Bitcoin will go down 1 more small leg to around 10.4k or a little below, taking xrp with it to probably 1.2. However there is a possibility that we could bounce earlier than expected. it happened earlier since the bottom was in. So i decided to close partial (30%).
Trade closed manually:
bullish