Description
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XRPUSD H4: short-term 10% mark down TP 19 cents(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XRPUSD 4hour chart review
::: heavy resistances overhead
::: upside limited short-term
::: expecting 10% mark down to price
::: recommended strategy: short RIPS/RALLIES
::: near 20.6-20.8 cents
::: TP1 bears is 19 cents
::: TP2 bears is 18.8 cents
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand 19 cents
::: fresh demand 18.8 cents
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook short-term: BEARISH