After we played the short term XRP short perfectly (see previous XRP idea) i'm now looking for XRP to move higher.
Hoping to see either a move up from this level where i'm currently long from the 0.618 fib & the black line shown on my chart.
However, i'm taking into consideration a move down back into the grey area where we've seen orders come in very recently. The big wicks from this level highlight the fact that orders coming in from this level a prevalent & price could therefore be dragged back down to this 1.11 level once more.
Hoping to see either a move up from this level where i'm currently long from the 0.618 fib & the black line shown on my chart.
However, i'm taking into consideration a move down back into the grey area where we've seen orders come in very recently. The big wicks from this level highlight the fact that orders coming in from this level a prevalent & price could therefore be dragged back down to this 1.11 level once more.
