David_Smith
Short

XRP|USD - Rising Wedge

BITSTAMP:XRPUSD   XRP / U.S. Dollar
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Still being rejected of the horizontal resistance and also we got a rising wedge . Due to rejection we might have a correction to the lower boundary of the pattern. If we break the wedge to downward then down we go

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Not a Financial Advice

Comments

When we're seeing XRP adoption recently by many institutions and they're buying up XRP, why would you bet against them? Plus you're going off technical analysis and you're not looking back years ago where this exact same chart pattern happened and it blasted up.
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ks17471 lapadilla
@lapadilla .... in retrospect... your looking at a past fractal and not realizing the wholistic implications of the unease in the world markets. Comes from that past phrase- past is not indicative of future results. And we have been hearing the banks buying xrp along with institutions for a year now. Take emotion out- make plays on what is happening currently. If not then hold and forget about it.
He’s not saying short it to 0- he’s saying short it for short term
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