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melikatrader94
Oct 23, 2022 11:31 AM

XRP analysis... short position Short

XRP / TetherUSBinance

Description

hello guys...

as you can see in my cryptocurrency charts i believe this market is bearish so far and continue downward movement until forming a strong and powerful reversal setup in high time frame like weekly or monthly!

this crypto currency (xrp or ripple) formed a ascending triangle and break bottom line strong and continue downward movement until reach to its target (i showed as green area) this green area is on MPL...

always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
Comments
MynameisTeo
ok... Q: in which exchange you sell this and what lev. if you use?
melikatrader94
@MynameisTeo, coinex and my leverage depend on my risk ratio and my margin. if you wanna get this position tell me this information and i help you
MynameisTeo
@melikatrader94, I ask just because that SL for a 10X to 20 X looks to BIG... most probable LIQ price is below SL...
melikatrader94
@MynameisTeo, it is depend on trade style of every trader, for swing and position trader it is normal
MeysamMoeini
Yes, I also believe that digital currencies are currently bearish
But if the ripple closes above the daily base of the candle, it can go up to 0.50
melikatrader94
@MeysamMoeini, it is possible but certainly touch 0.25 area
SwallowPremium
Great work now to trade! Thank you!
melikatrader94
@SwallowPremium, i appreciate
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