$XRP refuses the level 1.35551. This is the level that changes it.
$XRP - Short
Trading plan:
Entry: 1.35184 – 1.35917
Stop loss: 1.37750
Target 1: 1.33352
Target 2: 1.32619
Target 3: 1.31153
Why these settings?
The daily trend is bearish, and the alignment is in 4 hours. ATR is compressed at 0.01466, the market is volatile. The RSI for 15 minutes is at 44.49000 keeping the highs sellable. Stops are likely to accumulate above 1.37750. The trading volume over 24 hours is 1.37750B.
The plan is specified above - the thesis remains valid as long as 1.37750 limits.
Discussion:
Does it drop to 1.33352, or does it get swept above 1.37750 first?
Trade here 👇
$XRP - Short
Trading plan:
Entry: 1.35184 – 1.35917
Stop loss: 1.37750
Target 1: 1.33352
Target 2: 1.32619
Target 3: 1.31153
Why these settings?
The daily trend is bearish, and the alignment is in 4 hours. ATR is compressed at 0.01466, the market is volatile. The RSI for 15 minutes is at 44.49000 keeping the highs sellable. Stops are likely to accumulate above 1.37750. The trading volume over 24 hours is 1.37750B.
The plan is specified above - the thesis remains valid as long as 1.37750 limits.
Discussion:
Does it drop to 1.33352, or does it get swept above 1.37750 first?
Trade here 👇