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ghanemsamah19
Jul 15, 2023 8:56 AM

SHORTING XRP FOR RISK-AVERSE RETURNS  Short

XRP / TetherUSBinance

Description

BITSTAMP:XRPUSD -Based on the aggressive selling observed yesterday in #XRP, it appears that the price is displaying characteristics of a bear flag pattern, on a the 15min and 1HR the frames, which suggests a potential upcoming downward movement.

-Consequently, I am currently considering initiating a short position if the price movement aligns
with the anticipated pattern we are monitoring.

NOT A FINANCIAL ADVICE.
BINANCE:XRPUSDT
Comments
KoDPrey
kamikaze :)
zAngus
Hi there, great job on starting to share your ideas with the community. We hope you found it an enjoyable publishing process. Hope it is a great trade for you.

From mod @zAngus
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