We are hitting a key level on the 4hr and Daily here with bearish divergence on the 1hr. This is a ranging market and I'm looking to sell the top of the range on this one. Setting stop loss above the resistance zone. TP1 at the 61.8, and TP2 at the bottom of the range. Good Setup here.
This thing is going to drop. This is a basic S&R trade here. No brainer.
Nice Cup and Handle formation here. Looks like consolidation at the top trendline, also hitting the 38 on fib. Also overbought on 4hr. Always use proper risk management .01 per 100. Enjoy! Hit me up on facebook to join our free trading chat: facebook.com
Crypto market is still bearish. I'll be very surprised if XRP can surpass this key level.