weslad

XRPUSDT in Pullback in progress

Long
weslad Updated   
BINANCE:XRPUSDT   XRP / TetherUS
Hey guys,

Although we all know we have massive bad news from SEC towards XRP, at the moment I see this as a fuel to trigger the much needed pullback to test out the big old resistance that now turn to support.

As a result of this, I spotted a range for good accumulation, meanwhile this range must be well followed with stop loss in place should incase the level failed to hold.

Kindly go through the chart and leave us your comments with your likes and also follow us for more trading updates.


Thank you.


Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Trade active:
This was my previous view on XRP, for those of you guys that have not seen this before.

Trade active:
XRP hit our proposed entry, we should move our stop loss when it move up for at least 10% and let it remain at breakeven.

Order cancelled:
In respect to how many big exchanges reacted to the XRP issue, I take down this analysis. Do not buy in and if you do already sell it out.
Trade closed manually:
We made our closing decision at a very good and perfect timing. I will review XRP later towards the end of the week.

Thanks for staying with us.

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