XRP/USD: Pending short position!!!
I decide to short XRP and put a place to sell in $0.3510 cents.
In Daily timeframe, we see a bearish channel perspective that now, XRP broken down this chartist pattern and it's lead to reach $0.22 cents.
So, if you want to short XRP, You can to put a place at $0.3510 USD, Stop Loss to $0.4225 USD, and take profit to $0.21 cents. This it's a risk/benefit: 1:2
Also, if you want to short cryptocurrencies, take note to use the risk management and trade in a broker that you allow to trade whole financial market like Simple FX.
I hope that this analysis support you if you found out a crypto to trade!!! I trade in swing trading a lot.
In Daily timeframe, we see a bearish channel perspective that now, XRP broken down this chartist pattern and it's lead to reach $0.22 cents.
So, if you want to short XRP, You can to put a place at $0.3510 USD, Stop Loss to $0.4225 USD, and take profit to $0.21 cents. This it's a risk/benefit: 1:2
Also, if you want to short cryptocurrencies, take note to use the risk management and trade in a broker that you allow to trade whole financial market like Simple FX.
I hope that this analysis support you if you found out a crypto to trade!!! I trade in swing trading a lot.
Catatan
I'm shorting XRP from $0.3510 exaclty!!!
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.