Ciao Traders
following my previous chart analysis (see picture below), my buy has been triggered and this is my long term view
Please note that I give space to XRP to possibly make another leg down before shooting
After a big shoot I stil lsee a major retracement to levels close to zero, at that point I imagine it will shoot gain even stronger or, otherwise, just disappear.
In few words, my next moves are: a long position as of now, and a short when reaching the 1 to 1 extension of the previous high/low wave
Happy trading to all !
Disclaimer:
This is not financial or investment advice
I am not a professional in the financial or investment fields
This analysis is just for entertainment purposes
Do not follow what I do or do it at your own risk
following my previous chart analysis (see picture below), my buy has been triggered and this is my long term view
Please note that I give space to XRP to possibly make another leg down before shooting
After a big shoot I stil lsee a major retracement to levels close to zero, at that point I imagine it will shoot gain even stronger or, otherwise, just disappear.
In few words, my next moves are: a long position as of now, and a short when reaching the 1 to 1 extension of the previous high/low wave
Happy trading to all !
Disclaimer:
This is not financial or investment advice
I am not a professional in the financial or investment fields
This analysis is just for entertainment purposes
Do not follow what I do or do it at your own risk
Comment:
Trade active:
HI Traders
I am taking 30% out for a 17% profit :)
I leave the rest with a tight stop loss, because, as shown in the chart, we MIGHT have another leg down.. in which case I will open a new long targeting 0,749 dollars (Bitfinex prices).
Not a bad trade, uh? :)
I am taking 30% out for a 17% profit :)
I leave the rest with a tight stop loss, because, as shown in the chart, we MIGHT have another leg down.. in which case I will open a new long targeting 0,749 dollars (Bitfinex prices).
Not a bad trade, uh? :)