There are multiple ways to trade this:
1. Short the 0.5 and the 0.65 separately with SL between them
2. Short the break down from the wedge or channel
As long as XRP trades under the 0.65 we have a bearish view.
1. Short the 0.5 and the 0.65 separately with SL between them
2. Short the break down from the wedge or channel
As long as XRP trades under the 0.65 we have a bearish view.
Note
Available options:
1. Stop in BE and close at TP or STOP
2. Full TP now and Stop Buy at break down.
Note
Volume is looking good.
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.
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.