XRP has been continuously rejected from the resistance line at the white line shown.
Double top formation formed before xrp briefly dumped.
200 DEMA could serve as additional strong resistance.
We can short from this current price down to the stronger support zones at 0.779 levels
SL above the double top formation
Double top formation formed before xrp briefly dumped.
200 DEMA could serve as additional strong resistance.
We can short from this current price down to the stronger support zones at 0.779 levels
SL above the double top formation
Trade closed: stop reached
Comment:
On hindsight, stop was too tight, should have put at least 1 ATR above the previous High of 0.8616
