Tashi-FX

Short Term Sell, then short term buy

Short
BITFINEX:XRPUSD   XRP / U.S. Dollar
Hello guys,
This is what I see happening with XRP right now. Anything can happen and we will adapt to what the market is telling us.

The first white rectangle is our first buy zone. Price can come down and bounce around .1856 --- It can, however, come down to the second rectangle and create that double bottom . To move to the upside targeting the top of the pattern and potentially to a higher zone.

We will watch how the market reacts. Pattern identification and price action are key in these zones.

Comments

Seems logical
Reply
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