(XRPBTC) Short opportunity before we see another bull run

XRPBTC

After testing 8200 support there's a possible pullback to the 0.618 fib level ( 8652) before another potential downleg to the 7850 support level.


SELL: 8650
SL: 8980
TP: 7850

Commento:

Oh well. news to spoil the this trade.

www.cnbc.com/2018/10...-for-first-time.html

Trade chiuso: stop raggiunto:

After re-evaluating. I used the high of Septmeber 30th and today's low to bring up fib levels and the retracement comes right at 0.618 level.
If the level holds target short term is still 7850.

Trade chiuso: obiettivo raggiunto:

Despite being stopped by 8 satoshis on my initial trade.
I re-entered the trade and it reached 7850 profit target.