P_S_trade

Juicy short

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P_S_trade Uppdaterad   
POLONIEX:XRPUSDT   XRP / Tether USD
On the background of a BTC in the side, there is a high probability that the XRP will not hold the level of 0.47-049, which, apparently, has gathered many stops of buyers. On horizontal volumes it is clear that there are no special liquid zones along the way to 0.24-0.25, but two trend lines are crossed at a price of 0.32-0.34. It's a good trade if you close it with a stock even at such prices.
However, now the entry level is dangerous. Or wait for a rollback of 0.51, which may not be, or wait for a breakdown of 0.47-0.49 and with a short stop to enter the market
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