Description
⋅ Long because there is an adam and eve formation and BTC.D is also showing bullish signals though having trouble confirming.
XRP // BTC pair is a good indicator for when BTC is going up or down because it always acts inversely.
EP: 9,500
SL: 9,074
Targets:
10,760
10,850
11,155
11,500
11,700
Trade active
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⋅ 15 Min higher lows + increased vol
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⋅ Take profit target before big resistance is around 10,2xx-10,4xx.
if we don't break resistance I would want to see a retest on 9,3xx-9,1xx
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⋅ Above trade is active. Stop loss below 9388 target 9967
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⋅ Here is how we have developed over the past few hours. 9500 is still showing strong support
Also some bullish confirmation signals have popped up :)
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⋅ Multiple new higher lows as well as 9500 holding strong :D
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⋅ Extended trade for 1 hour due to setup appearing positive
Moved stop loss to 9450
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⋅ Extended current trade due to bullish signals from BTC.D
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⋅ Stop hit. This is why you should trust your TA lol ;)
Trade active
⋅ Good news is our overall trade is still bullish. Since we didn't get a move up we should bounce on the support below before moving up again
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⋅ Looking for more volume before I get really excited
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