Ripple - Intraday - We look to Sell at 0.759 (stop at 0.772)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 0.760.
Preferred trade is to sell into rallies.
Our profit targets will be 0.722 and 0.712
Resistance: 0.740 / 0.760 / 0.780
Support: 0.720 / 0.710 / 0.700
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 0.760.
Preferred trade is to sell into rallies.
Our profit targets will be 0.722 and 0.712
Resistance: 0.740 / 0.760 / 0.780
Support: 0.720 / 0.710 / 0.700
