XRPUSD 16H: SHORT rallies/rips TP 17 cents / 15% correction

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XRPUSD 16H: SHORT rallies/rips TP 17 cents / 15% correction
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: XRPUSD 16hour chart review
::: triangle broke down
::: upside limited short-term
::: short rips/rallies
::: re-test of TL is bearish SHORT IT
::: TP bears is 17 cents
::: 15% correction in progress
::: BTCUSD also rising wedge setup
::: so confirms bearish outlook
::: recommended strategy: short RIPS/RALLIES
::: TP bears is 17 cents
::: what happens later remains to be seen
::: until then just focus on SHORTING IT
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand 17 cents
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook short-term: BEARISH