Watching the current triangle closely. If XRP breaks the downside of this I'm looking for 3800sats. Buy volume weakening and sell volume increasing as we near the end of the decent altcoin week.
Don't get me started on the fundamentals ;)
Don't get me started on the fundamentals ;)
Trade active:
0.00005220 filled up on the wick! Volume was junk. Lets go!
Comment:
Being greedy as can be. Taking nice profits at 0.00005074 to scalp another higher buy at the 0.0000515 area. I doubt this hits the top of the channel again. To me it looks like the only buyers right now are short sellers taking profits.
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Don't pay attention this is only for me ;)
During the 2 mins I spent doctoring this up the red confirmation candle turned to a wick. That's fine. This is the breakdown I've been waiting for. This is where anyone can make easy money. Don't be too afraid of the taker fees.
Of course any confirmation above the triangle, GTFO. Keep an eye on the long term trend if that happens and look for a bounce down around that area.
I'm not taking profits until this trade goes deep but if I was that's where I'd do it.
During the 2 mins I spent doctoring this up the red confirmation candle turned to a wick. That's fine. This is the breakdown I've been waiting for. This is where anyone can make easy money. Don't be too afraid of the taker fees.
Of course any confirmation above the triangle, GTFO. Keep an eye on the long term trend if that happens and look for a bounce down around that area.
I'm not taking profits until this trade goes deep but if I was that's where I'd do it.
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Comment:
Moved my stop up. I'm in denial that its really going to break upwards. Could be all bad but I got half my initial back in profits.
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With mex going for maintenance i dont even know how to get out of this in the next hour without throwing most of the profits away. advice appreciated
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Going away for a while. Reduced leverage and set a stop around 5250.
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This trade looks strong as ever despite other alts rallying.
Trade closed manually:
Okay that was fun. I'm seeing MSM channels predicting XRP >$0.01 so I'm closing my shorts. Those mofos always have some kind of agenda and unfortunately it seems to work.