Ripple : Short opportunity or too risky? (2)
Updated
Many bearish signals on XRP :
1- Crossunder Ema 9/33 on 4h chart.
2- Brekdown of Bearish chuvasov fork.
3- Buy volume in "big divergence" , dropped a lot.
4- No reaction of Buyers on 0,5fib retr and weak reaction on good support.
Waiting for the retest of chuvasov fork , and maybe another opportunity for short.
1- Crossunder Ema 9/33 on 4h chart.
2- Brekdown of Bearish chuvasov fork.
3- Buy volume in "big divergence" , dropped a lot.
4- No reaction of Buyers on 0,5fib retr and weak reaction on good support.
Waiting for the retest of chuvasov fork , and maybe another opportunity for short.
Comment
Ripple still seems Bearish. Daily candle closed below support (87372) and price cross down Ema 31D , i'm waiting for monday closes to confirm the Bias.Disclaimer
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