So XRP looks like its bouncing off the trendline. I longed at .18773 and will monitor the next few candles. I think we might be in this range if BTC consolidates here or ranges between here and 7k.
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Trendline still holding after that BTC scam wick. I don't really like placing a stop loss but in such a volatile situation I have to. Stop at .1825 where it will be confirmed that the trendline is broken. Till then I won't panic and get back to watching money heist.
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The lastest hourly candle for XRP and BTC closed below the trendline. I think we could go down from here or test the trendline once. I'm selling at .18818 and getting out or else it is welcome to go hit my stop. That's it for now.
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Stop hit. Loss: 2.78%
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Like a chad, XRP is back in the range after stopping me out. I haven't worked with a stop loss in all of my trades till now and when I do it kills me. SL always not a good idea. I should have been stronger. Next time.
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