ManishArora

Ripple Class - A Bearish Div

Short
BITTREX:XRPBTC   XRP / Bitcoin
266 views
4
Ripple Broken out of downtrend is now showing weakness

Bear case :
Bear div in all Sub 8 hours time frames
Supply Zone above
bearish rising wedge pattern

SL 0.000062

Comments

Sl executed, TA doesn't apply to a controlled supply coin like xrp
Reply
and what does your supply zone mean?? buying will occur in supply zone or selling?
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xrp crossed 7000 mark.. is it the correct time to buy?? or a correction is coming on the way??
the hype is carrying xrp up..but what about coming days..will the diversion work..or the coin will continue its upward move?
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