XRP
Short

trouble for investors XRP part 2

By P_S_trade
Updated
In the previous idea, I forecasted a drop of $ 0.36. However, the consolidation was delayed and turned into a triangle, which is often pushed down. My target is the same.
However, if you look at the larger timeframe - the price can reach up to 0.24-0.25 $ (see the idea of "Juicy Short")
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for the fall we need corrections not higher than 0.455
Trade closed: stop reached
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fun hills The end of the month. Everything will be clear at the end of the day. If this is the turn, the first goal is 0.51
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enter: 0.478
stop: 0.487
target 1 : 0.42
target 2 : 0.36
Trade active
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XRP returned to the channel
Trade closed: stop reached
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second stop Well, the first was profitable.
I'm waiting for the closing of the day. Watch out for the price range of 0.49-0.495. This is a price zone on a 3-hour timeframe. Possible consolidation between zones is 0.45-0.49.
But there is still a price zone of 0.47-0.495 on a daily timeframe, from which we started the previous move up to 0.9 $. If we try this zone up - I'm expecting 0.67$. But this will be a completely different idea)
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If buyers keep the price zone 0.49-0.495 - a new long will begin.
If it fails below, there is a high probability of continuing consolidation
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vital moment...
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XRP. 10% profit vs 1% risk
Beyond Technical AnalysisChart PatternsripleripleusdrippleTrend AnalysisxrpxrpusdXRPUSDT
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