XRP channel bounce. Quick, dirty and simple but great potential.

XRP could bounce off of the low of the green channel. Possible targets are drawn in red and marked with TP, the dashed TPs are further areas to consider selling in case price breaks through the first target. XRP had quite a run, so please have a tight stop in place. That thing could crash hard, I don't know how many buyers are still left.

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Comment:

Listen to this on the ride up www.youtube.com/watch?v=NtxmnBQm... Or get stopped out and be happy to admit that this idea was BS and you cut the loss quickly.

Trade closed: stop reached