Break out to come XRP
Updated
XRP is as usual at it's famous trend line.
I will make this short as the scenario is pretty repetitive. You may be seeing, some strong manipulation around this zone to wipe out the stop losses.
I'm stupid so I don't have any, all I have are buy orders :/ I don't recommend doing like me tho... Risk management is the most important thing in this game.
Over all, we should be seeing some targets being met,
0.32 with in the next 12 hours
and maybe after that 0.33/0.34, depending on the momentum.
If we sustain levels under the trend line, we might see a big downside movemnt so do be aware.
I will make this short as the scenario is pretty repetitive. You may be seeing, some strong manipulation around this zone to wipe out the stop losses.
I'm stupid so I don't have any, all I have are buy orders :/ I don't recommend doing like me tho... Risk management is the most important thing in this game.
Over all, we should be seeing some targets being met,
0.32 with in the next 12 hours
and maybe after that 0.33/0.34, depending on the momentum.
If we sustain levels under the trend line, we might see a big downside movemnt so do be aware.
Note
The initial break out arrived, seeing the reaction to this trend line, I sold my position and will by in again when there is a retest of the bottom trend line. We should then see another break out that will bring us to our first target 0.32
Trade closed: target reached
We reached our first target seems like we will retested a trend line, and the next target should be around 0.33Trade closed manually
We already cashed our first target, so normally you should still have some open orders, I would move my stop loss into profit as I would not be surprised to see a fall to 0.31/0.3125
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