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stewdamus
Aug 22, 2022 3:32 PM

TRADE ALERT XRP LONG Long

XRP / TetherKuCoin

Description

Going long on Ripple here. Potential 45%+ profits to target. Target .48 cents. SL .28. R/R 3/1.

Best of luck traders!
Stew

Trade closed manually

Closed XRP long with small profit of 2.5%. Reason? Bear flags are beginning to develop on both the BTC chart and XRP. Additionally, I expected much more of a pump once the previous neckline was re-touched. However, the price action was lackluster causing me reason to pause and reconsider. I was happy cashing out with small profit.


Potential BTC Bear Flag correlating with the XRP price action above

Trade closed: target reached

If you stayed in this trade (unlike me), congrats to you! Target achieved!
Comments
Lalalalulu
Thanks Ceek analysis please
metza24
Thanks!
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