eyeofhorus254

XRPUSD shorts into 0.43

Short
eyeofhorus254 Updated   
0.65 has proven to be a major psychological level for XRP since its invention and right now the level is holding as major resistance. A nice double top formation has formed on the level and I am keen on XRP reaching daily lows at 0.43.
Order cancelled:
Price action does not look good
Comment:
The double top did not look valid in my eyes. The secondary leg of the double top was filled with one candlestick which had a lot of momentum.
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.