XRP/USD Short

8 gen 2018XRP has broken through it's supporting trend line. Broke out of a bearish wedge and looks like it could return to it's more stable upward trend line around 1.70 price area.
I am learning as I go and would appreciate any feedback you have.
Also, if anyone knows how I post photos or charts into the comments please let me know.

8 gen 2018

Commento

8 gen 2018

Commento

8 gen 2018

Trade chiuso: obiettivo raggiunto

8 gen 2018

Commento

At this stage it's 50/50... There may be yet another wave down to around the 1.40..
Trade carefully.

8 gen 2018

Commento

Only the 1 minute chart. But inverted cup and handle showing signs of a drop

9 gen 2018

Commento

There may still be another wave down. If you have thoughts leave me a comment.

9 gen 2018

Commento

This might be the big moment :D

10 gen 2018

Commento

XRP has formed a complete bearish triangle at it's peak.
It may yet have further to fall.

10 gen 2018

Commento

Possible next wave down to around $1.70

10 gen 2018

Commento

1.70 may be the bottom. It is the .618 on fibs and a bullish wedge has formed with the price hitting the bottom support at this point.

10 gen 2018

Trade chiuso: obiettivo raggiunto

10 gen 2018

Commento

I think that's the end of the wedge. Ladder your buys or join me and fomo buy at 1.80 haha

10 gen 2018

Trade attivo

Learning. But I have taken all trends and patterns into account that I can see on the entire wave so far.
I believe the price will come back close to 1.40 on another small wave down before heading up and potentially breaking out of the equal triangle.
Any thoughts or ideas you have would be welcome.