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TheChasm
Jan 11, 2018 12:36 AM

Ripple Swing Trade Long

XRP / U.S. dollarBitstamp

Description

I haven't been swing trading at all lately, but I figured I would try one out.

Simple buy @ OTE fib retracement level. Sell @ $2.4

Comment

Well that's not a good start!
Bitcoin going down makes all long trades in altcoins difficult. I didn't actually setup this trade, so I didn't get stopped out. I just hold XRP in my long-term portfolio. I still think we can hit $2.4 but no one should be copying this trade based off my idea, Hopefully people got that from my comment above.

Comment

This swing trade was a failure.
I am buying this dip though and adding to my long term position at $1.50 down to $1.20
Comments
RickyParker
it looks like going to 1.25
TheChasm
@RickyParker, May very well go there!
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