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John_Mwaniki

XRPUSD Analysis: Sell idea

Short
XRP (COINBASE:XRPUSD)  
John_Mwaniki  
COINBASE:XRPUSD   XRP
Trend Analysis Chart Patterns Technical Indicators xrpusd xrpusdshort xrpusdanalysis Ascending Channel channelbreak xrpusdsignal
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trendanalysis chartpattern indicator xrpusd xrpusdshort xrpusdanalysis ascendingchannel channelbreak xrpusdsignal
Hi traders,
XRPUSD has been on the rise within an ascending channel.
It has bounced off from a strong resistance level and touching a 50 day moving average from the top.
We can wait for the current candle to close bearish outside of the channel and go short for this pair.

I would like to hear your views in the comment section. Like if you agree with the analysis.
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