markhor-ka-seengh

XRP only way to to survive the swings

Short
BINANCE:XRPUSDT   XRP / TetherUS
Even with mixed sentiments, the ecosystem and markets, old and the new, can agree to the injustice on the future of financial ecosystem in guise of Ripple.

As the stories unfold, we start tracing XRP's journey from the final top debuted as SPARK token, to the 8th circle of hell just above 0, the abode of the fraudulent.

Every leg pull to next circle, will be followed by double, triple buy volume bars. This is something we have observed for a long time and is concurred by investigation findings. These buy walls are orchestrated by the company to pump the price, hodl sentiments and add to the ever increasing bagholders; This fraudulent market making has been periodic over the course of bull market and since the recent events, rather hasty and frequent to counter multiplied gravity of the circles.

Only way to safely trade XRP is to not trade it at all, however if you have gone through the period of learning about risk management from losses, you may resort to the least riskiest way, shorts on the peaks of company pumps. Use leverage as you get accustomed to recognizing these, but be very careful. It has taken me several liquidations over 75x leverage to time these candles, or rather the wicks, with great precision.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.