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bambam320
Dec 21, 2017 2:20 AM

XRPUSD good things come to those who wait Short

XRP / U.S. dollarBitstamp

Description

Investing is way better than trading but if you've been in like I have from lower, This might be a good place to take profit if resistance is too much and sends it back down. I missed two of these opportunities since it topped out at .87 and entered what I hope to be a pennant pattern last week. The high of the wick has created a lower high and this may not be break out we're all waiting for. I expect the consolidation to continue.

Good luck to everyone.
Comments
flyire
Why are you shorting this?
bambam320
@flyire, Because i expected the consolidation to continue as it has twice before when it didnt break through. Glad it went up all the same though
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