Still watching. Trend shown weakness, Bitcoin crash following a rejected breakout caused a flash crash throughout the Crypto sphere (very common). Hope this will not be a catalyst that will lead to a bearish reversal.
Happy to open a short if the opportunity shows itself,.
Trade active
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Next option for a long position. Wait a clear breakout with a closed candle. Looking for good order books activity and increased volume, otherwise possibility of a fake-out. Keep stop losses in check,
Trade active
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Thinking forward a little bit and taking a look at other possibilities. If the price doesn't hold where we are right now and a rejection is played out taking it to the $1.5 mark. A Breakdown from there would signal huge weakness and a big Head and Shoulders formation at play. Volume has died down considerably since the last week of December 2017. Great opportunity for short if that arises.
both XRP/BTC and XRP/USD showing the same chart trend.
When do you know the opportunity is right to short XRP?
AlphaWolf-Prime
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@cizerleuros, Im afraid you missed it my friend.
The red line, Pink line, and finally the dotted blue lines were all good areas. Now would be risky for the immediate term, although it could still work longer term.