XRP
Short
Updated

CRYPTO: XRPUSD (RIPPLE) SHORT ON A RISING WEDGE SETUP

224
I missed out buying at $0.26 on the last drop to that zone. We've got a rising wedge here and I'm bearish, expecting this to break out to the downside, targetting $0.26
Note
We saw a lovely bounce of that lower trendline. I'm in a long position, expecting to touch that upper trendline. Please note although I've taken a long from the bottom trendline, aiming for the upper trendline, the overall trade setup is for a short on a bearish breakout.

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