XRP Sell a break setup.
Updated
Ripple - Intraday - We look to Sell a break of 0.2128 (stop at 0.2274)
Daily signals are bearish.
Trading within a Bullish Channel formation.
Although the market broke to the upside in early trade, bespoke resistance at 0.2630 capped the gains.
We look for losses to be extended today.
Trend line support is located at 0.2220.
A break of 0.2220 is needed to confirm follow through negative momentum.
Our profit targets will be 0.1702 and 0.1512
Resistance: 0.2300 / 0.2550 / 0.2700
Support: 0.2180 / 0.2075 / 0.1700
Daily signals are bearish.
Trading within a Bullish Channel formation.
Although the market broke to the upside in early trade, bespoke resistance at 0.2630 capped the gains.
We look for losses to be extended today.
Trend line support is located at 0.2220.
A break of 0.2220 is needed to confirm follow through negative momentum.
Our profit targets will be 0.1702 and 0.1512
Resistance: 0.2300 / 0.2550 / 0.2700
Support: 0.2180 / 0.2075 / 0.1700
Order cancelled
Trade expired intraday.
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