Quote from: klee on June 01, 2017, 07:43:05 AM

Quote from: ft73 on June 01, 2017, 07:32:43 AM

Quote from: klee on June 01, 2017, 07:01:24 AM

XRP at around 80% retrace - double top area I will short it.

You mean XRPUSD, right (target price about 0.35$) ?

I was actually looking at xrpbtc but I suppose same logic applies to xrpusd too.

In general, alt market is very bullish relative to usd so I would not advise shorting ALTUSD pairs, unless their weekly rsi is above 95 (this is the case for XRP & ETH).

BTCUSD is very strong too, so if you see ALTUSD overbought (weekly rsi), then start shorting ALTBTC pair maybe..

I see and agree with your considerations.

i thought you were referring to XRPUSD because seems to me that XRPBTC is still quite far from 80% retracement.
This assuming 0.0002 as double top area, not sure that's your actual target / probably i misunderstood.