BINANCE:XRPUSDTPERP   XRP / TetherUS PERPETUAL FUTURES
Targets:
0.5580
0.5454 (should it occur)
Leaving small amount on the table if it runs deep

Stop: ~>=0.591

Reasoning:
High funding
VPR showing curved top
Felt like it

Notes:
Should be actively monitored, I don't trust trailing stops
I will not be actively monitoring this trade

Picture for clarity if the main chart isn't scaled correctly

Zoomed out to 2hr chart

Check out the monthly candles, not something you see everyday
Trade closed: target reached: Partial stopped for 80% of position size, then the rest hit target and closed. Should have set long side bids.
My published indicators: https://www.tradingview.com/u/NeoButane/#published-scripts

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)

Comments

awesome
Reply
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