From 07/09/2022 to 23/09/2022, XRP made strong movement, nearly 72%. At this time, price is moving pull-back from the top. The high probability that price will back to the local strong top- 0.5588. Because of this reason, I opened LONG-position as below:
- Entry price: 0.48xx-0.50xx.
- Take-profit price: 0.5425.
- Stop-loss price : 0.4817.
- Leverage: 10x-20x. Actually, I am using 30x but it's too risk and I just input 1-2% total my capital.
Please noted that, this analyst segment is just in my trading diary, not as financial advice. Therefore, if u follow my position, please consider capital, risk, emotion management.
Trend Analysis

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