Golb

Golb

This is my go to gauge for movement. Chart looking a little bullish. If this trend changes that to me says XRP will move more than BTC. So if BTC pumps XRP will pump harder vs USD, this is true both ways. If you look at historical movement then you'll see the colleration in movement. It's one of the tools I use to trade XRP.

Golb

Short triggered, stop above weekly high. A little too much exposure for you liking but "If he dies, he dies"

Golb

In keeping with my short term bearish view I'm short BTC. First target is the one mid point of my macro range. That will be the point I shave 75% off the position. I have a target slightly lower than that but I'll deal with it when/it we get there. This move lower could just act as a sweep of all trailing stops, I won't hold it too long. 10k can be attacked again...

Golb

This is a clean chart with no makeup, this chart clearly shows an uptrend. The red arows are the lows, the green are the highs. Market is bullish until this structure is clearly violated. There are orders that sit above and below these highs and lows. At any point in time price is always moving towards these orders/prices. To take them out and continue or to...

Golb

The move lower finally came taking price towards targets. I have closed off 50% of my position and moved my stops to BE, I no longer have exposure in the market. The levels marked out are quite significant in my opinion, price keeps reacting to them so I will continue using them If you keep things simple then you avoid confusion, I'm still looking for more...

Golb

After that drawn out sideways movement, finally got a break of structure. Looking for a move lower targeting the lows at 0.18 My stops would be above yesterday's high. Interesting to see how this plays out, imo price still hasn't decided where it wants to go. XRP/BTC is seeing a little pop higher, that's why XRP is seeing a larger move than BTC at the moment....

Golb

Looking at the weekly chart, the previous week saw little in the way of movement. I was looking for a pop higher to either pick up more orders then head lower or a rally to take out the last significant high. On the monthly chart is still looking quite bullish, we are still trading below the monthly open. My initial long postion was stopped out at less than 10...

Golb

On the 12th of May, BTC was trading above its weekly open. This whole move higher and the breakdown was called. If I had to put a number on it, I would say I'm 80% in sync with BTC. As I mentioned on my post yesterday, there was a short setting up but I didn't take it. (check ou my BTC post on 12 May) I felt there was an element of frustration which would lead to...

Golb

There nothing to update really. Not where I would have liked to be by this time of the week. This week was not bad but I would consider it a throw away. Still looking for upside, I missed the long on BTC because I sleep. 0.20 is holding steady, I'm happy with my stop placement. I mentioned that may woul be a confusing month but come the end of the month, the...

Golb

My stop loss was tagged an price went to my to. Sometimes it happens, my stop was a little too tight. Since price followed the path I was looking at, the loss is not as bad. I have been following XRP very closely, I want to be as familiar with BTC. From the looks of my trade, I'm that much closer. When I finally sync up with BTC and it's manipulation, I believe...

Golb

I'm now short BTC with a tight stop.

Golb

BTC is trading at the level I was looking to short from. This short would serve as a hedge for my XRP long, but price is not giving signs of weakness. I'm going to monitor how it develops, if it goes I will climb on board, that would nullify any loss off XRP. If my stop loss is hit on BTC it would mean my XRP long would be pumping. Either was I want to be part...

Golb

Entry was triggered nicely. Looking for more upside movement, let's see how this plays out. Possibly very lucrative trade with a very tight stop. My stop is sitting just below yesterday's low. We ride!

Golb

I've been watching price develop over the past few days. I think there is a very good bullish case forming, could the higher low already be in? My previous bearish scenario saw based on the assumption price would make a slower and deeper move lower, before making a higher high. The last 3 days have shown very bullish price action. It seems like price might not...

Golb

I got stopped out on my previous attempt to short BTC. Sometimes it moves like it's being manipulated, I wonder what that's all about. Same areas I marked out are coming in to play yet again. These levels are quite important imo. The short trade will be made here, there is a large amount of potential downside in this coming move. As always when I expect a bearish...

Golb

XLM is one of my favourite projects and I actually hope it survives. There is a lot of quality and potentially use in this project. Technical analysis is painting quite a bullish picture. Price has been on a rampage against BTC and USD. It saw a larger surge higher when compared to the majors. I believe if we do see an alt season anytime soon, XLM will be very...

Golb

The scenario where XRP goes above 0.30 If you look left XRP is revisiting levels from 3 years ago during alt season. Xrp was one of the biggest beneficiaries of that pump, these are levels that could potentially hold a lot of liquidity. If you think about it, anyone who has been holding will have orders down there. XRP is the only one the "majors" that dipped...

Golb

Monthly I was expecting a bearish begging to the month, looking for a long entry below the monthly open. I was stopped out on my first entry because my stop was too tight, but I caught the initial move lower, now I'm currently on alert for the possible long. My Tp was placed in an area of great interest to me (blue box). I believe this area will be very...