XRP Overview
Updated
Yo!
First, this is not a trading idea, basically because I am not giving any stop and targets YET.
Second, even though the shape doesn't look promising, I expect BTC to fall down hard one more time and then we may see it pushing upwards. So I expect XRP to move similar. First, I expect it to bleed slowly.
This is just the levels which I would buy XRP.
There are 3 levels on the chart, I am going to buy on #1 and #2 as two small portion. I don't expect it to get to the #3 just YET.
However, there is a small condition for all these, I will execute these unless it pushes up and break the upper diagonal line. If it breaks successfully, I will not wait these levels of course. I may buy immediately just after it breaks (very little part of course, because there will not be any confirmation). After successful close above after break and retest maybe, I will load up big.
First, this is not a trading idea, basically because I am not giving any stop and targets YET.
Second, even though the shape doesn't look promising, I expect BTC to fall down hard one more time and then we may see it pushing upwards. So I expect XRP to move similar. First, I expect it to bleed slowly.
This is just the levels which I would buy XRP.
There are 3 levels on the chart, I am going to buy on #1 and #2 as two small portion. I don't expect it to get to the #3 just YET.
However, there is a small condition for all these, I will execute these unless it pushes up and break the upper diagonal line. If it breaks successfully, I will not wait these levels of course. I may buy immediately just after it breaks (very little part of course, because there will not be any confirmation). After successful close above after break and retest maybe, I will load up big.
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