Short

trouble for investors XRP part 2

Updated

In the previous idea, I forecasted a drop of $ 0.36. However, the consolidation was delayed and turned into a triangle, which is often pushed down. My target is the same.
However, if you look at the larger timeframe - the price can reach up to 0.24-0.25 $ (see the idea of "Juicy Short")

Note

for the fall we need corrections not higher than 0.455

Trade closed: stop reached

fun hills The end of the month. Everything will be clear at the end of the day. If this is the turn, the first goal is 0.51

Note

enter: 0.478
stop: 0.487
target 1 : 0.42
target 2 : 0.36

Trade active

Note

XRP returned to the channel

Trade closed: stop reached

second stop Well, the first was profitable.
I'm waiting for the closing of the day. Watch out for the price range of 0.49-0.495. This is a price zone on a 3-hour timeframe. Possible consolidation between zones is 0.45-0.49.
But there is still a price zone of 0.47-0.495 on a daily timeframe, from which we started the previous move up to 0.9 $. If we try this zone up - I'm expecting 0.67$. But this will be a completely different idea)

Note

If buyers keep the price zone 0.49-0.495 - a new long will begin.
If it fails below, there is a high probability of continuing consolidation

Note

vital moment...

Note

P_S_trade

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