If 34 EMA crossover 8 EMa and we see a decreasing trend in XRP, It can be an opportunity to enter a short position. Volume increase and narrow BB will help its power. We should wait to enter the position.
Trade active
ema crossover activated the position, it goes well now. If price crossover the lower bollinger band, position may be closed. I think wait for ema condition return back.
Note
enter price 9580. Stop loss is the enter price.
Trade closed: stop reached
It returned to buy price , and I stoped there,
Note
If I waited for bar close, it would be very profitable position.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.