XRP / TetherUSLong
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.
Note
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.Note
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.
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