Get started
CaligulazBaby

XRPUSD neutral (part 4: The Short)

Short
XRP (BITSTAMP:XRPUSD)  
CaligulazBaby Updated   
BITSTAMP:XRPUSD   XRP
Trend Analysis
1
0
trendanalysis
The price broke down more aggressively than I anticipated but the short is still available. The price should bounce off the top of the old trading range at $0.70 and go to the bottom at $0.62. This will create bullish divergence on the RSI (shown with thick green trend lines)
Trade active:
Open at $0.70
SL at $0.74
TP at $0.62
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.