XRP BTC is in a longterm down trend/ correction from its incredible run up in the first quarter. It is now a good short opportunity with a stop loss placed just above the resistance level of the channel and your take profit near the support zone. Fibonacci levels also indicated that there has been a retracement of 61.8% and the price is currently at a 50% retracement level indicating the bearish trend will likely continue.
Good Luck!
If you wanna help me out, Feel free! I know I am. 16XBjRPzStH3FANCsWmUGBGALVpQ9RkPhE
and some jams to trade too: https://www.youtube.com/watch?v=cbbMvvKOf5Q
Good Luck!
If you wanna help me out, Feel free! I know I am. 16XBjRPzStH3FANCsWmUGBGALVpQ9RkPhE
and some jams to trade too: https://www.youtube.com/watch?v=cbbMvvKOf5Q
交易結束：目標達成:
Another great trade! Hope you caught that one with me!
Volume Profiles on the daily chart for some of you who like to see volume's role in price action.