Monfex
Short

(XRP) Ripple: Short in a Scalp Mode

COINBASE:XRPUSD   XRP / U.S. Dollar
Hi, Traders ! Monfex is on the air !

Hot real-time trading signal on Ripple (XRP)!

* Ripple has broken down the ascending triangle and promptly headed South.
* The bears could potentially force the price down to the supporting (green) trend line , around 50% Fib correction level.
* However, the space downward is a bit restricted and you should watch carefully for the reaction around 50% correction - it could be very quick.
* The trade is purely scalp & speculative, so a tight Stop-loss should be used.

Scalping trade signal

Sell @ $0.2990 - $0.30.
Target: $0.2945 - $0.2955.
Stop-loss: $0.3010.

Watch for our Updates to get real-time superior signals!

GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

Comments

Looks like it broke into the upside.
Reply
Monfex brandonreymejia
@brandonreymejia, the volatility is extreme, as you can see ..
Reply
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