#Analytics #XRP
🕯 Basis:
- Consolidation for #Ripple since April 13
- Formation of cascading levels
- Squeezing towards the sloping support level
📉 Medium-term trade in a Short position
Entry in 3 parts of the working volume:
- 50% of the volume on the break of the 0.4620 level
- 25% of the volume on the break of the 0.4601 level
- 25% of the volume on the break of the 0.4508 level
The goal is to place limit orders to close positions at 0.4386 and below
The main target — 0.4188
⚠️ Stop loss
Return of the price to the 0.4680 level
This is not a trading recommendation
- Consolidation for #Ripple since April 13
- Formation of cascading levels
- Squeezing towards the sloping support level
Entry in 3 parts of the working volume:
- 50% of the volume on the break of the 0.4620 level
- 25% of the volume on the break of the 0.4601 level
- 25% of the volume on the break of the 0.4508 level
The goal is to place limit orders to close positions at 0.4386 and below
The main target — 0.4188
Return of the price to the 0.4680 level
This is not a trading recommendation
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