Xrp to me is looking a bit heavy- (Daily chart)
Rsi not healthy
OBV "M"ing out
Volume dropping off (Bulls and bears falling a sleep)
W%R over bought
I think we will have a bounce off the .382 fib to create a M top. From here ill be looking for a short position.
There is a double distribution going on in VPVR the line up with my reload zones.
Also there is a cheeky gap at 51130 :)
Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
Rsi not healthy
OBV "M"ing out
Volume dropping off (Bulls and bears falling a sleep)
W%R over bought
I think we will have a bounce off the .382 fib to create a M top. From here ill be looking for a short position.
There is a double distribution going on in VPVR the line up with my reload zones.
Also there is a cheeky gap at 51130 :)
Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
Trade closed: target reached
Trade closed: target reached
People called me many names for this chart and it played out exactly as i called it
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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.
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.