CRPTSCAN

XRPBTC Short longterm

Short
BITSTAMP:XRPBTC   XRP / Bitcoin
More than one year, XRPBTC is in downtrend, lost around 70% of its value. In our opinion, there are any marks of changing this tendency.
Today the price is in the flat correction and trading near October's Low and also under 200 day MA, what tells about a bearish mood.
Supposedly, the price is going down inside the wedge, which started in September 2018.

Brief trade review:
Open short: current prices
Stop loss: >0.00003400
Target 1 - 0.00001800
Target 2 - 0.00001200

Lucky trading and don't forget about risk management rules.

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