I expect XRP to break downwards from this ascending wedge. Price is looking shaky and In my opinion needs to correct further before we can expect any more bullishness.
Comment:
As expected XRP broke downward and fell to charted resistance. I have bought back in at .00007900 with 40% of the funds gained from selling at .00008160 for >3% profit and will watch for further bearish movement before reentering with the remaining 60%.
Comment:
Charted support looks to have been broken. This chart shows the next 5 supports that will have to give for bearish movement to continue:
Comment:
Bought back another 20% at 0.00007800. 4.5% profit.
Comment:
0.00007855 support has held. Still holding back 40% of trade funds.
Comment:
Bought back with remaining 40% at 0.00007800 on Sep 28th. Forgot to update this thread.
Trade is now closed. Total realised profit >4%.
Trade is now closed. Total realised profit >4%.