leonidtoburokov

Ripple has no room to go up... what next?

Short
BINANCE:XRPUSDT   XRP / TetherUS
"Where there is no vision, the people perish…" King James Bible

Some may say drawing simple lines is kind of primitive thing to do, but yet on the market they play a critical role when it comes to financial decision making, just saying.

So, where we at now, is really not much to say about...
Nice bear pattern has formed and no room to move uptrend, so as for bitcoin, moreover all crypto market is about to go down in to the abyss (evil smile here).

Bad time to take long positions, the risk is too high, if it's not managed of course.

Anyways, lets go to Ripple chart, as I said previously, market looks bearish, and as for now I see maybe couple nice trades, again if something counter trend won't happen with bitcoin, so the main trading idea is to sell, wait and watch for the price future performance.

This is just my humble opinion on Ripple, feel free to leave comment down below, what do you think will happen next, I see news coming pretty optimistic and bearish)
Regards,
Leo
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