XRP - Time to correct

By CoinMajesty
Updated
After the huge pump, the time for a correction has come. Bear flag and a typical bubble formation. The monster also looks angry so XRP has gotta go lower before defeating it.

Entry: 10000-10900

TP: 6300.

Stop-loss: 11000.

Risk/Reward: 4.33:1.

Please like and follow if you agree with this idea.

Good luck!

Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
Trade closed manually
Trade closed. Took profits. Right now it seems there could be a new bull run. That's what my chart is telling me now. I will wait for confirmation and if it is so, I'm staying out of it until a new short opportunity comes.
Comment
More and more likely we're going bullish again. If you have any shorts opened, close them now.
Trade active
New bull trend confirmed. I won't be making a new chart but I will give the TP for this bullrun in my telegram feed and group.
Trade active
Trade opened again. It's time to short!

snapshot
Trade closed manually
Got a bit rekt. At least had stop-loss. I am totally closing this idea now.
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