EmpiricalFX

Crypto Dump - My Chart and handful of confirmations.

Short
COINBASE:XRPUSD   None
BTCUSD -> 16500
XLMUSD -> 0.14
XRPUSD -> 0.5

Selling volume is steadily increasing for all three of the mentioned cryptos.
Squeeze Zone is firing short for all three.
Price momentum is short.
Trend is short.

I just dumped my crypto holdings in anticipation of a 15 - 20% fall.

Of course, if this situation does not come true, then ah well ... taking profit early is still profits :)

Comments

Agree.
Reply
The same situation was happening exactly in December 2017. We do know price has a memory and history likes to repeat itself so I am with you on this one.
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