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UnknownUnicorn6061584
Apr 8, 2020 5:56 PM

XRP|USD - Rising Wedge  Short

XRP / U.S. dollarBitstamp

Description

Greetings. Please leave a Like if you like the idea

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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Peace Out!

Not a Financial Advice
Comments
Dylan_the_man_bruhting
True
lapadilla
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.
ks17471
@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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