Trade_Setup

Ripple is ready to explode...but bullish or bearish?

BITSTAMP:XRPUSD   XRP / U.S. Dollar
Ripple is at a point where bulls and bears are in agreement but which way will it move next? We expect to see Bitcoin come under further pressure so the Ripple bears may start to come out in force and run price lower to test support around 0.22400. Looking to sell off a shoulder for the run down. If we see the spike, happy to join in the action on the upside on the first pullback shoulder entry....would not expect it to be long until we have an answer.
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Comments

would you care to comment what you expect now, it seems it touch the resistance you were looking for
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