_Avalanche_
Short

50 days of successful shorting continues on Ripple

POLONIEX:XRPBTC   XRP / Bitcoin
511 views
10
511 7
Yet another shorting to the ground on Ripple.

Will it be able to do so for 100 days, we shall see.

Banks, banks, banks lol :)
Comment: Note, this is for day traders, not Investors or HODL people.
Comment: Trend is down, and MM and Ripple are selling their coins. I will note here when I see trend reversal ( if that happens ) at all.
Comment: Looks like Ripple is controling the price, trying to make it stable to impress Banks...
Comment: BTC down a little, so bot's may bring this up a little to maintain ratio. I expect a drop when BTC recovers.
Comment:

2 Possibilities, 4k or 16k both key price points.
Comment:
Buy support ? :D
Comment:

Breaking down.
Comment: What a strong performer. Rip longs.
Comment: 1st target hit at 8.8k, next is at 8k
Trade closed: target reached
Comment:

Spike to 0.786 then retrace to 0.382 fib.
Is this strong move ? I don't think so.
Comment:

Why do people call this "Long" ?
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Comment: 2nd target reached and broke below it. That was a good trade. Looks like it's bottoming out, I will be watching this.
Comment:
Are we going to see same scenario as on 9 july ? ( 3 picture above )
NIce idea short Ripple !
Reply
It's becoming very oversold at 9500 level. Do you think that is the base of support or can it go lower still?
Reply
_Avalanche_ davedesigns
@davedesigns, I think it can go lower. If Btc goes Up again, I expect it to drop below 9.5k.
My TA don't work with this shitcoin ( and as I can see none of the LONG chart's work ) so I switched until we see some reversal.
+1 Reply
keep shoring /? entery now ?
Reply
_Avalanche_ Bull4Life
@Bull4Life, I'm sorry, I can't tell you what to do.
Reply
Bull4Life _Avalanche_
@_Avalanche_, i am longing for long time.. was thinking clsoe my long
Reply
_Avalanche_ Bull4Life
@Bull4Life, If you are investing this is not for you. look at Daily charts.
+1 Reply
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