Ripple is moving into a wedge and although my main view is bullish, we have a very nice sell opportunity developing with price bouncing from the upper parallel of the descending channel described in the video and is now pulling back making a correction. In the video I show you two ways to trade the end of correction.
Feel free to like, comment and share your thoughts.
Have a nice weekend, John
評論
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An expected price found strong resistance at the upper parallel and although it seemed like breaking above it dropped massively to the down. Our sl below the previous pivot was at a safe level. I expect the price to reach the lower parallel where I will exit my sell trade.
Dangerous time to be shorting much of anything imho. The market is super bullish and being manipulated even more than usual now that institutional money is entering en masse.
Fxprotrader
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@Box1515, Thanks for sharing..! I just with technical analysis and that's waht I highlight in this video.. Good luck mate, thank you for dropping a line :)
uday3014
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@Box1515, TA always rocks but what u said is true many crypto are manipulated and some are trying to find safe heaven when all comes crashing ripple will be safe heaven. it already tripple bottomed previously. shorting ripple is risky too
thegeorgeand
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We will hit 0.3 first then we can look for shorts.