The price got rejected near the Resistance Line (Longterm-Trend). We currently do not have enough volume. We are also in Oversold territory. Our Entry (Short) is at 0.280. A Stop-Loss is set slightly above the Resistance Line at 0.287 Money Management Matters
Expecting to reach Target 0.255 soon. I will update the chart accordingly.
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Trade active
Trade closed: stop reached
Bitcoin is breaking out to the upside, XRP will follow. We will observe the situation and consider 0.287 as an entry (long) after a pullback.
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