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XRPUSD H16: XABCD SHORT IT from 70c(SL/TP)(NEW)

Kort
COINBASE:XRPUSD   Ripple
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XRPUSD H16: XABCD SHORT IT from 70c(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect pullback
once we hit 70cents.


🔸 Summary and potential trade setup
::: XRPUSD 16hour chart review
::: heavy resistance overhead at 70c
::: potential/speculative XABCD setup
::: point C is at/near 70 cents
::: get ready to SHORT HIGH soon
::: 70cents best level to short it
::: BEST level to BUY is 44/46cents
::: BEST level to SHORT IT is 70cents
::: that's where you want to SHORT IT
::: 70 cents heavy resistance
::: 44/46cents heavy support
::: currently trading MID RANGE
::: shorting near range highs makes sense
::: 70 cents is heavy resistance / SHORT IT
::: TP BEARS is re-test of 44/46 cents
::: recommended strategy: SHORT 70C/BUY 44/46C
::: good luck traders!
::: SHORT HIGH and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: PULLBACK/46C
::: Sentiment outlook short-term: FINAL PUMP/70C

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