XRP Long Idea
Updated
XRP may either touch the local high of around $0.77 or get very close to it. Stop loss is in place at the last local low of $0.50. A little risky RR, but it could be well worth it. I'd give this trade 2-3 days maximum, and then I will either close it or update my position.
Stochastic oscillator on the daily chart looks ready to support a move upwards in the price, same as the VZO/PZO indicators. Volume levels suggest bigger action soon.
Stochastic oscillator on the daily chart looks ready to support a move upwards in the price, same as the VZO/PZO indicators. Volume levels suggest bigger action soon.
Comment
Still 15 minutes until the Flare snapshot and we are seeing a sell-off that looks like exchange manipulation. I am not selling and still holding on with this trade.Comment
10 minutes after the Flare snapshot and the trade is still going! $0.50 is holding strong.Trade closed: stop reached
Trade closed. Watching closely for another trade in a few days.Disclaimer
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.