Buyers did not tolerate breaking of the level!
Generally, by breaking a level down more sellers join the market, if buyers be able to move the prices even higher the broken level it's a good sign of their power. some classical analyzer may find a Head and shoulder here!
Bulls are so strong and price react bullishly to the dynamic levels. I'll buy some XRP around the level and keep them until the VP line is touched. If it easily broke the line I'll keep them to the next level but if I see enough rejections in LTF I'll sell them all.
In case of SL I suggest the stabilizing under the trend line as the SL.
Generally, by breaking a level down more sellers join the market, if buyers be able to move the prices even higher the broken level it's a good sign of their power. some classical analyzer may find a Head and shoulder here!
Bulls are so strong and price react bullishly to the dynamic levels. I'll buy some XRP around the level and keep them until the VP line is touched. If it easily broke the line I'll keep them to the next level but if I see enough rejections in LTF I'll sell them all.
In case of SL I suggest the stabilizing under the trend line as the SL.
Trade closed: stop reached