XRPUSD : Dropping next a couple weeks
I see many SELL signal in Daily and Weekly chart!
6/7: Waiting for sell signal to come --> Expect time to form signal: 8-9 (2,3 days)
Maybe set a Short now TP to Target 2 so now let's have a look at this
- Effect of the waiting signal:
+ break from zone and then go down to Target 2! (+++)
Or
+ Fakey false break, and then go up(++)
My thoughts are:
- Bitcoin is believed to have a correction, then rise, maybe Ripple and other crypto will be affected due to this
- USD met ATH about 4thJuly so it's gonna drop a bit before going any higher!
So, XRP gonna rise, not much, but rise!
Before then( which i think will happen at the end of July) my idea is that it will Drop
Buy now: 0.40233
SL: 0.46249
TP: 0.3
RR: 1.7 ( not too high) but probability is at medium-high!
6/7: Waiting for sell signal to come --> Expect time to form signal: 8-9 (2,3 days)
Maybe set a Short now TP to Target 2 so now let's have a look at this
- Effect of the waiting signal:
+ break from zone and then go down to Target 2! (+++)
Or
+ Fakey false break, and then go up(++)
My thoughts are:
- Bitcoin is believed to have a correction, then rise, maybe Ripple and other crypto will be affected due to this
- USD met ATH about 4thJuly so it's gonna drop a bit before going any higher!
So, XRP gonna rise, not much, but rise!
Before then( which i think will happen at the end of July) my idea is that it will Drop
Buy now: 0.40233
SL: 0.46249
TP: 0.3
RR: 1.7 ( not too high) but probability is at medium-high!
Trade active
Note
Like if you like it or agree with it!Note
Sell signal 1: (see in Weekly chart) sorryNote
at the 5th July bar: False break? rise maybe?Trade closed manually
after seeing 2 sell signal as a false breakout, i close the trade and open a Longwith 2 TP
TP1: 0.43377
TP2: 0.5
SL : 0.375
Note
Somehow still match my predictionTrade closed: target 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.