XRPUSD(T) | Bearish Scenario? Short

XRP / U.S. dollarBitstamp

Description

⋅ Feb 4, 2023 7:40 PM

Structural similarities noted on the weekly; possible bearish outcome considering what happened around the time of the previous 50|200 SMA cross.

Will be watching closely and trading appropriately.

Please do your own research. This idea is not to be considered financial advice. May YeHoVaH bless you.

Comments

ThumbSkin

⋅ Feb 5, 2023 7:08 PM

Would love to buy here but seems like pure hopium

jlb4288

⋅ Feb 5, 2023 7:10 PM

@ThumbSkin, As they say, history often repeats... or at least rhymes. Good luck.

jdo85

⋅ Feb 6, 2023 6:59 AM

@jlb4288 yeah well that first low is the bearflu crash. so you can wish it goes that low

SwallowPremium

⋅ Feb 4, 2023 11:37 PM

That’s idea is brilliant! Well done mate!!!

jlb4288

⋅ Feb 5, 2023 7:07 PM

@SwallowPremium, Thanks for your comment. All the best!