Victor Cobra's Trading Challenge - Part I (XLM/XRP/NANO)
Updated
Repost of the video I made last night. This one's a little shorter. I bought 3 coins with the intention of cashing out completely once I reach a profit goal, rather than holding long term. I may fail miserably at this, but it's a learning experience :)
Entries:
NANO - 2525
XRP - 7600
XLM - 2620
Targets:
NANO - 2750 (already hit), 3300, 4000, 6000
XRP - 8700, 11000, 14000, 22000
XLM - 3500, 4000, 5000
Possible USD targets:
NANO: $1.80-$2.20
XRP: $0.60-$1.00
XLM: $0.25-$0.35
Looking at the XRPUSD chart is interesting. On the Bitstamp log chart, we seem to have broken out of the triangle and even retested it as support:
XLM as well. May complete a giant inverse head and shoulders on the USD chart.
Anyway, this is not financial advice. This is a personal trade I'm doing, and it may not play out in my favor. I will post updates.
-Victor Cobra
Entries:
NANO - 2525
XRP - 7600
XLM - 2620
Targets:
NANO - 2750 (already hit), 3300, 4000, 6000
XRP - 8700, 11000, 14000, 22000
XLM - 3500, 4000, 5000
Possible USD targets:
NANO: $1.80-$2.20
XRP: $0.60-$1.00
XLM: $0.25-$0.35
Looking at the XRPUSD chart is interesting. On the Bitstamp log chart, we seem to have broken out of the triangle and even retested it as support:
XLM as well. May complete a giant inverse head and shoulders on the USD chart.
Anyway, this is not financial advice. This is a personal trade I'm doing, and it may not play out in my favor. I will post updates.
-Victor Cobra
Note
Another way of drawing the XRP wedge has us already hitting the bottom just recently: Note
NANO continues to consolidate above 2700 (which is a good sign) and XLM is slowly moving up a bit.
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