ellegene

XRPBTC Symmetrical Formation

Long
ellegene Updated   
POLONIEX:XRPBTC   XRP / Bitcoin
I will wait for further confirmations but it looks like a good momentum squeeze opportunity is forming.
Comment:
@AdamKen, if you look at this old chart, you can see it is expected to move more sideways with a potential upward direction if resistance is maintained
Comment:
Doesn't look too good i'm setting a stop-limit
Comment:
Waiting for a move confirmation, atm it is very risky to hold any XRP. The 1h chart looks decent but the 4h chart is not reassuring.
Trade active:
Taking a risk shorting XRP
Trade closed: target reached
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