XRP is looking very strong now, it has formed a clear upwards triangle. The setup is clear, entry, exit and stop level.
I am going to close half positions around both targets. I am not in yet, waiting for it go slightly lower (blue area) and than i will buy. There are to stop levels for me, half is a clear break of that triangle and the second stop for the other half is around than small green support level.
A few of my previous analysis on XRP
Don't forget to like if you appreciate this analysis :)
I am going to close half positions around both targets. I am not in yet, waiting for it go slightly lower (blue area) and than i will buy. There are to stop levels for me, half is a clear break of that triangle and the second stop for the other half is around than small green support level.
A few of my previous analysis on XRP
Don't forget to like if you appreciate this analysis :)
Comment:
Comment:
Comment:
Price dropped perfectly to the entry area and we have a break out. Price should not drop back in the triangle again, at least not to much.
Comment:
Looking good, volume also. Could see a pull back though, IF that happens, should stay above 0.68ish. I have moved my stop to my entry level as well for a free trade :)
Comment:
I am closing half, i am really getting some mixed signals with BTC, i just want to lock in some profit. If we do go higher i will probably buy it back. The remaining with a stop around 0.675
Comment:
The pullback was successful, but the move after it is not convincing, volume is low and no real follow through yet. So that is not a good sign, I had closed half yesterday already, and i am going to leave the remaining at my entry level. It's still worth the risk
Comment:
First target reached, i have closed half of my remaining position
Trade closed: target reached:
I have closed my remaining position, all targets are reached :) I think my alt trades of the last 2 months have been 15/20 winners in a row :)
Want to support me? My affiliates:
partner.bybit.com/b/botje12
onelink.to/quantfury
Add invite code AFTER signing up, bonus up to $250: 4JU345F3
1 trade, 30 day wait, to claim bonus
www.kucoin.com/r/af/rMQN2A5
partner.bybit.com/b/botje12
onelink.to/quantfury
Add invite code AFTER signing up, bonus up to $250: 4JU345F3
1 trade, 30 day wait, to claim bonus
www.kucoin.com/r/af/rMQN2A5