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Bullandbeartrading

XRP/USD Trade Idea

Short
XRP (BITFINEX:XRPUSD)  
Bullandbeartrading  
BITFINEX:XRPUSD   XRP
Trend Analysis Chart Patterns Technical Indicators xrpusd Cryptocurrency short
69
5
trendanalysis chartpattern indicator xrpusd cryptocurrency short
Hello and welcome to my Trade Idea of the currency pair XRP/USD.

Let's start with the reasons why the chart is bearish for me:


Technical analysis: A bearish pennant pattern has formed on the 4h timeframe.
The price closed under the 4h key level.

Timeframe: 4h

Direction: Short


Have a nice day.
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