TradingView
_Avalanche_
Jul 5, 2017 3:02 PM

50 days of successful shorting continues on Ripple Short

XRP / BitcoinPoloniex

Description

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" ?

Comment

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 )
Comments
SRX41
NIce idea short Ripple !
davedesigns
It's becoming very oversold at 9500 level. Do you think that is the base of support or can it go lower still?
_Avalanche_
@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.
Bull4Life
keep shoring /? entery now ?
_Avalanche_
@DanielBela, I'm sorry, I can't tell you what to do.
Bull4Life
@_Avalanche_, i am longing for long time.. was thinking clsoe my long
_Avalanche_
@DanielBela, If you are investing this is not for you. look at Daily charts.
More