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A_krt_
May 15, 2021 1:20 PM

XRP/USD OUTLOOK Short

XRP / DollarBitfinex

Description

Before we see $0.20 I would like to see a push up towards the $1.65 region. I'll be catching the short from there. This would also correlate with BTC coming up to the $61.000 region.
-Potential head & shoulders formation
-78.6 Fibonacci retracement
-Confluence with the overall trend
-1/12 risk reward
-(Side note) I'll be catching the long towards the $1.65 region if XRP comes down a lil bit. Will also publish my setup if it comes through.
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