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J_layseca
Mar 6, 2019 7:00 PM

XRP SHORT BIAS Short

XRP / DollarBitfinex

Description

Rejected resistance
rejected bearish trendline
Blue ema turning back

We've continuously tested the current trendline, and today a spike to the 33 region and came back closing inside the trend (4h)

on the 1h we see that the price is coming down from the region, i think we could see some struggle at the blue/grey strip, but overall i think that it is going to retest the green trendline (1W)

if we break and retest the blue stripe, i might reenter and move stops.
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