Rising wedge, resistance at 0.5, good RR for a short
There are multiple ways to trade this:
1. Short the 0.5 and the 0.65 separately with SL between them
2. Short the break down from the wedge or channel
As long as XRP trades under the 0.65 we have a bearish view.
1. Short the 0.5 and the 0.65 separately with SL between them
2. Short the break down from the wedge or channel
As long as XRP trades under the 0.65 we have a bearish view.
Comment:
Volume is looking good.
Volume is looking good.
Available options:
1. Stop in BE and close at TP or STOP
2. Full TP now and Stop Buy at break down.