Ok well things are looking solid on the markets... I think XRP will be one of the last crypto assets to explode and go parabolic, so I am just accumulating and dumping other trade profits into it over time.
However in this set up we have two options either A) bitcoin does not pull back and retest its range and does another leg up meaning I missed my chance and XRP will break out of the triangle and then I kick rocks and wait for a different set up.
OR
BTC does a retest and backs off/cools down so does the rest of the market. XRP follows that bottom line of support or within the range... Does not NEED to touch the line as its already been tested multiple times in the last few weeks at .55 .60 and .63 so with that being said I am looking to add to the bags in the following range:
|See at most a false break out at the .84 range dont FOMO wait for the pull back (or else I kick rocks try again later)
start laddering in buys from .73 cents to .75 cents still a great price. Personally anything under 1 is a steal.
Take what ever buys get filled and toss them in to cold storage until I see a 5 dollar XRP or go bust. (At 5 dollars a start to sell off very very small amounts IE 2.5% to 5% until my total cost of entry is 0 and I am playing with the houses money.
Hope you are all well!
Thank you!
However in this set up we have two options either A) bitcoin does not pull back and retest its range and does another leg up meaning I missed my chance and XRP will break out of the triangle and then I kick rocks and wait for a different set up.
OR
BTC does a retest and backs off/cools down so does the rest of the market. XRP follows that bottom line of support or within the range... Does not NEED to touch the line as its already been tested multiple times in the last few weeks at .55 .60 and .63 so with that being said I am looking to add to the bags in the following range:
|See at most a false break out at the .84 range dont FOMO wait for the pull back (or else I kick rocks try again later)
start laddering in buys from .73 cents to .75 cents still a great price. Personally anything under 1 is a steal.
Take what ever buys get filled and toss them in to cold storage until I see a 5 dollar XRP or go bust. (At 5 dollars a start to sell off very very small amounts IE 2.5% to 5% until my total cost of entry is 0 and I am playing with the houses money.
Hope you are all well!
Thank you!