XRP Bull Flag
Kind of a weird looking bull flag, but it is a descending channel after a leg up. It could have another move up if it breaks out above, but there's potential trendline resistance above from the previous uptrend. Would be the first retest, but if it breaks that opens the gates for a lot more upside.
Could work for a short too, the recent spike leaves it vulnerable for a steep correction, but I would see that as a buying opportunity. I don't trade crypto much but I'm all aboard the XRP hype train.
Could work for a short too, the recent spike leaves it vulnerable for a steep correction, but I would see that as a buying opportunity. I don't trade crypto much but I'm all aboard the XRP hype train.
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advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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Disclaimer
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