In our last analysis, we had a level we were watching for SHORTS. Price came to that level and rejected perfectly and dropped over 35%. This was only a short term trade. Now we're getting ready for the longer term trade idea, which could show us gains of over 300%!
Trade Idea:
- Watch the structure level if we move down there and watch for a bounce
- alternatively, wait for a breakout of the red descending trendline and enter
- Stops below the recent lows
- Targets: 1, 1.4, 2, HODL the rest
See linked chart for our previous XRP analysis.
Goodluck, trade safe!