BodiesXWix

#XRP TO (possibly) DROP - .2411 TO .2401 Then go LONG (IDEA)

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During the current uptrend that XRP has been having it created a double bottom schematic (I've marked with a blue line) This represents Lquidity underneath that instutions will want to take. Prepare for a drop below that double bottome but not below the current uptrend. I've marked the areas to watch to buy from are btween .2411 and .2401 The watch for a sharp ris and it will want to take out the current high where liquidity will also be sitting. Understanding where liquidity is, that's where I look to trade. Just saying.

Check my Previous Idea, the "Long box" hasn't changed, and I've still held my main position, adding new ones, and scalping along the way. I XRPUSD hope you have to if you have been following this idea.

A better look at the double bottom where liquidity lies

There is also liquidity above to take out. so keep that in mind as it will want to break those new highs. Whether it will break the new highs first and then drop or drop and break the new high's is the real question. But I think it will drop and then take out the new highs. This idea could be a slow developer. Don't expect it today. It could happen over the course of the week or two.
(Liquidity above)

Just an Idea. Not sure if it will happen. But if you see a drop, expect this to be the outcome.

If it takses out the highs first Expect it to sell around .2509 - 2520 (Last buy flaet bottom institutional buy candle that is near the previous high, the higher high than the most recent high)
See Chart


Thanks for listening to me ramble.

You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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