My previous idea was not activated because ripple broke ichimoku cloud on a hourly chart. Daily EMA200 was strong support, it was tested again and it was broken again! I am short to 0.40 but cannot advise for a good stop level. For protection let's wait for a daily candle close bellow EMA200. Let's fun begin!
Comment
⋅
Bad news for ripple - it can really close bellow:
Trade active
⋅
Trade was activated! Let's fun begin!
Comment
⋅
I have mistaken the position of idea. It is short, not long!
Trade active
⋅
It is excellent time to add more for shorting! Keep in mind that broken EMA200 will throw us lower.