Yuriy_Bishko

Ripple will move down to $0.43

Kort
Yuriy_Bishko Uppdaterad   
BITFINEX:XRPUSD   Ripple
There are big probability that the price will hit 0,43, because XRP move down and Volume decreasing, it's a signal that big players don't want to hold the price.

For them will be profitable to open a Long at lower price, like $0.43
Also, near $0,43 will be low predictable risk and potential move to $0,62 or $0,79.

+ take a look how many times the price bounced from $0.49. It shows that big players has interest in that level plus daily candle close under that level, it's a signal to open a Short.

I recommend to open a short- term sell near $0.49 with low risk and goal $0,44

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Kommentera:
close all shorts if H4 candle will close upper $0,4969
Kommentera:
You can hold Short. Price didn't close upper key level $0,4969 that means $0,43 goal is still proper
Kommentera:
price hit $0,4692
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