XRP/USD CHART ANALYZE 4 - HOUR (SHORT)

XRP trading in a channel at the moment

About to breake down from the channel
Channel support is 0.51743
Last 3 candle bearish 2 of them hanging man
RSI neutral for the moment but in a down trend
Macd already bearish crossover
Historgram on negative side (no signs of reversal)

Entry: when we breake 0.51010
Stopp-loss : 0.53709
Target : 0.46008

Kommentera:

Target reached , thank you