XRP Short (entry was at 0.388 and increased position at 0.3826)

19 нояб. 2022 г.

Based on the two drives of 4h hidden bearish divergence on RSI and no bullish divergence on the daily with a potential for hidden bearish divergence to form on the daily based on this closure i would expect to at least get a wick below .3328 for the first possible bullish divergence to form on the daily, I am leaving the majority of my trade open until we come down to that area in price. Take profits are based off of support/resistance levels, Fibs, and higher time frame ema's. We have a potential to come up to the daily 21 day ema around .4050 (although for now we seem to be rejecting the daily 9 day ema so it's not looking probably for the bounce up)but im keeping some more short orders up there as well. Let me know what you think