An XRP short position fulfilling a prior retracement (head and shoulders at yellow ray) of 22 cents( ish )
While everyone is bullish and greedy, that is when you go bearish ... XRP and crypto, in general, has been bullish for days but has not had any retracement of the mass bullish movement
While everyone is bullish and greedy, that is when you go bearish ... XRP and crypto, in general, has been bullish for days but has not had any retracement of the mass bullish movement
Note
It should also be noted that although I am extremely bullish in the long to mid term for crypto.. It HAS to retrace it's bullish movement (BTC upside movement for nearly 300 days), it will look silly if it keeps going up..When everyone is greedy that is when you should look to sell.
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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.