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Art_of_Trading
Mar 22, 2018 10:17 AM

RIPPLE (XRP) Breakout Strategy Short

XRP / DollarBitfinex

Description

There is an opportunity for breakout strategy traders. The price broke the trendline that acted as a dynamic resistance level. Then, it was backtested back and now building a strong selling momentum. This means, the sellers are control of the price. It is expected that the more sellers will join that will continue the price to fall.
Comments
ashwinkolkar
i seen inverse H&S
cjpsurf
Spot on!....Im thinking that @hwinkolkar might be onto something.......hopefully he is right here in the near future
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