XRP is quite tired, exhausted and running out of steam.
Chart Contents:
1. Bearish Ascending Channel
2. Bearish Divergence
3. Stoch RSI Momentum Directed Downwards
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
Ron (The Intrepid Trader)
This is not financial advice. Do your own TA and use this chart to help you decide what trade you want to make.
Chart Contents:
1. Bearish Ascending Channel
2. Bearish Divergence
3. Stoch RSI Momentum Directed Downwards
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
Ron (The Intrepid Trader)
This is not financial advice. Do your own TA and use this chart to help you decide what trade you want to make.
