XRP channel bounce. Quick, dirty and simple but great potential.
XRP could bounce off of the low of the green channel. Possible targets are drawn in red and marked with TP, the dashed TPs are further areas to consider selling in case price breaks through the first target. XRP had quite a run, so please have a tight stop in place. That thing could crash hard, I don't know how many buyers are still left.
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Note
Listen to this on the ride up youtube.com/watch?v=NtxmnBQmfZs. Or get stopped out and be happy to admit that this idea was BS and you cut the loss quickly.Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.