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stewdamus
Mar 27, 2023 5:19 PM

Trade Alert - Take Profit 

XRP / TetherKuCoin

Description

Traders,

We’re 8 for the last 8 with at least 5 of those wins on XRP. I’ve watched the drop since resistance and XRP looks to be forming a shooting star candlestick pattern on the daily. Not wanting to test fate, I’ve opted to take the remaining profit here at .46 cents. We also look to be forming an “M Pattern”. This makes sense from a technical standpoint. I would like to see us go back and retest the upper side of that triangle that we recently broke out of.

Stew

P.S. - Ignore that re-entry area. Forgot to take it off of my chart. That has already been taken advantage of and I now anticipate we may drop below it.
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