XRP In a Bearish Channel Time to Go Short

in #trading7 years ago

XRP BTC is in a longterm down trend/ correction from its incredible run up in the first quarter. It is now a good short opportunity with a stop loss placed just above the resistance level of the channel and your take profit near the support zone . Fibonacci levels also indicated that there has been a retracement of 61.8% and the price is currently at a 50% retracement level indicating the bearish trend will likely continue.

Good Luck!

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Actually, it's time to let XRP die a slow, painful death.

Thanks! Regards

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