XRP/USD - a false pinbar Short
XRP / U.S. dollarBitstamp
Description
⋅ Why a false Pinbar?
Because it's not on other exchanges.
Take a look at the evidence:
Bitfinex:
tradingview.com/x/fICFJLrR/.
Binance:
Kraken:
is a warning who's selling pinbar.
The overall dynamics are downward.
It's better to look for the entry points to the shorts.
I think a good entry point would be a local support breakdown.
We could tie up a stop loss.
Cancel the shorts if we go beyond $0.20.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support! Trade closed: stop reached
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