AssetMasteryandInvesting

XRP easy short.

Short
BINANCE:XRPUSDT   XRP / TetherUS
Hi traders,

XRP is an easy short right now as it has reached the top of its sideways range (44c)

Looking to TP 0.34-0.31 on a sharp wick.

XRP is still weighed down by the SEC case and until such point its over one should assume all pumps are fakeouts... also XRP tends to pump prior to BTC taking a dive so keep that in mind.

ENTRY 0.44-0.447
TP 0.335-0.31

Goodluck,

Assetmastery
Comment:
SL on entry was hit - no lose.

Re entering @0.484
Comment:
Update, careful on SL placement it seems likely MM sends price to 0.50-0.52 for a rejection wick before downward trend
Comment:
Fully in @0.525
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.