$XRP & $ADA COMPARISON.
Updated
The leader of the pack BTC dumping hard, approaching key support
BTC breaks $6248 & heads south - ALTS should follow
BTC support in the region holds - Will be great RR for ALTS
- I am currently long ADA in anticipation of diagonal trend line holding & Bitcoins dump be coming to an end.
- Short XRP with the same position size as I would like to see the large recent green candle be filled in & if BTC dumps further its a nice hedge.
- Once trend is established for a higher low or lower high, the losses will be cut and start building on the winning position.
BTC breaks $6248 & heads south - ALTS should follow
BTC support in the region holds - Will be great RR for ALTS
- I am currently long ADA in anticipation of diagonal trend line holding & Bitcoins dump be coming to an end.
- Short XRP with the same position size as I would like to see the large recent green candle be filled in & if BTC dumps further its a nice hedge.
- Once trend is established for a higher low or lower high, the losses will be cut and start building on the winning position.
Trade closed manually
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