MountOlympusFx

When everyones LONG, We go SHORT! Weekly, Daily, 1hr

Short


XRP Thesis

- Weekly: Market structure for XRP is bearish with previous lows constantly being taken out. I do see XRP possibly moving lower with huge spike recently taking place after rejection off 0.2950.

- Daily: Last week there was a huge rally to the upside breaking above 0.2660 zone. Now XRP seems to be on its way back down for a retest of 0.2660.

- 1hr: Break below 0.2870 daily zone. Price is now likely to pullback & retest zone before sell off to 0.2660.
Order cancelled:
No trade.
Trade closed: target reached:
To whoever took the trade. For me i didnt take it
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