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XRP // BTC continued downtrend

XRP // BTC continued downtrend
Nota
I'll wait for the pattern to develop before opening a position.

BTC.D helps support my confidence in this trade

syot kilat
Nota
2 attempt to break our important resistance level of 3266 has resulted in rejection both times

Before the abnormal run up in volume/price, 3267 looks as though it was a strong resistance.

4 failed attempts to break the 3315 resistance with considerable volume and more downside looks likely

syot kilat
Nota
Zoomed out to the hourly chart supports my bearish stance

syot kilat
Nota
A lot of resistance at 3266. Drop is incoming

syot kilat
Nota
Just can't get past.....

syot kilat
Nota
........................

syot kilat
Nota
syot kilat
Nota
Possible additional setup of resistance breaks at 3266 and closes above 3276

syot kilat
Nota
syot kilat

Alternative setup
Pesanan dibatalkan
Trade closed due to invalidation. No position taken so no profit or loss
IKeepItGreen
BTCChart PatternsHarmonic PatternsTrend AnalysisxrpXRPBTC
IKeepItGreen

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