Xrp to me is looking a bit heavy- (Daily chart)
Rsi not healthy
OBV "M"ing out
Volume dropping off (Bulls and bears falling a sleep)
W%R over bought
I think we will have a bounce off the .382 fib to create a M top. From here ill be looking for a short position.
There is a double distribution going on in VPVR the line up with my reload zones.
Also there is a cheeky gap at 51130 :)
Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
Rsi not healthy
OBV "M"ing out
Volume dropping off (Bulls and bears falling a sleep)
W%R over bought
I think we will have a bounce off the .382 fib to create a M top. From here ill be looking for a short position.
There is a double distribution going on in VPVR the line up with my reload zones.
Also there is a cheeky gap at 51130 :)
Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
Trade closed: target reached:
Trade closed: target reached:
People called me many names for this chart and it played out exactly as i called it