XRPUSD D4: 50% correction and RECAP of my last trade

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XRPUSD D4: 50% correction and RECAP of my last trade
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect short-term
losses in this market.
Click play to recap my previous update.
was spot on. we dumped after distribution.

🔸 Summary and potential trade setup
::: XRPUSD 4days/candle chart review/outlook
::: already broke down and expecting new DUMP
::: buy low / sell high until further notice
::: 50% correction possible after bounce
::: topped out for this cycle most likely
::: just hit heavy resistance 67cents
::: limited upside from here
::: cleared 30/31c resistance
::: cleared 48/49c resistance
::: 25 cents new LOW / FLOOR now
::: expecting BOUNCE then DUMP
::: short sell into BOUNCE
::: before fresh selling
::: recommended strategy: SHORT BOUNCE
::: BEARS SHORT into BOUNCE
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/REVERSAL

Komentarz:

BOOM! down 20% since update.

Komentarz:

SEC Charges Ripple With Selling $1.3 Billion In Unregistered Securities, XRP Loses $2 Billion In Market Value

Komentarz:

one final pump is possible in XRPUSD. so be careful, best to reshort from overhead.
however 20/25c will get hit within next 4-10 weeks max, valid target for BEARS.

Komentarz:

TARGET HIT. DOWN 50% TODAY.