XRP - 30% Cyclical Trade? Here Come the Short Sellers?
ที่อัปเดต:
Hey guys,
Looking at XRP we can see it continues trading within a descending channel. Its now testing the EMA50, but judging by the way it has traded at the top channel line we should anticipate a sharp selloff.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Looking at XRP we can see it continues trading within a descending channel. Its now testing the EMA50, but judging by the way it has traded at the top channel line we should anticipate a sharp selloff.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
บันทึกช่วยจำ
Now kissing the upper trendline! On the smaller timeframes we have a good opportunity to short the market.บันทึกช่วยจำ
Still consolidating... here's the levels I'm watching. Shorts are still increasing.บันทึกช่วยจำ
Fingers crossed!บันทึกช่วยจำ
There we go... once the daily closes this market could be in for quite the reckoning.บันทึกช่วยจำ
บันทึกช่วยจำ
Alright lets see if we can break some supports here...บันทึกช่วยจำ
Support breaking...บันทึกช่วยจำ
The market is beginning to rally,.. but XRP is still trading below support.... hmmm to close short or to not close short? (that is the question)บันทึกช่วยจำ
Market is starting to swing back up around to the support level, a daily close will confirm a likely rally to 44 cents.บันทึกช่วยจำ
We formed an interesting candle on the daily... so we've kind of neutralized the trend... but we don't have a confirmed reversal.บันทึกช่วยจำ
heh heh looks like the bears might be winning ;)บันทึกช่วยจำ
Ok. We're kissing a key support level... below here we can expect a violent sell-off.บันทึกช่วยจำ
Approaching the bottom of the range here! บันทึกช่วยจำ
We are approaching target!!! BUT we have a second target now ;)บันทึกช่วยจำ
บันทึกช่วยจำ
Ok. We had to exit the trade (up 40%!) as the trend reversed sharply out of the descending wedge (a reversal pattern)… On the daily we can see the EMA50 is a nice level to watch for a reversal, then look for a breaking of fibo support to short the market (for another 20%!).บันทึกช่วยจำ
We are at the EMA50! This is the make it or break it level. Watch the daily candle...
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน