XRP / BitcoinDiupdate XRP The Standard
Been studying XRP BTC and XRP USD since attempting a small low time frame position the other day.
XRP looks Bearish. Heavily so. A dead cat large sharp bounce is likely soon (it does that), but I see no bottom signals at the moment and am prepared to short a bounce between 8200-8500 Sats.
If the current trend continues on XRP and, whether BTC rises or falls, I believe it likely - XRP will wick down to, or retest at least 6200 sats. I believe 5300 sats to be below or near the bottom.
I plan to attempt a small buy around 6200 sats and open a large position if price reaches as low as 5500 area. Will reassess if price reaches these levels. z
The market can change my mind, but I see no reason to buy any XRP for the long term until a real bottom forms. None has as yet.
XRP looks Bearish. Heavily so. A dead cat large sharp bounce is likely soon (it does that), but I see no bottom signals at the moment and am prepared to short a bounce between 8200-8500 Sats.
If the current trend continues on XRP and, whether BTC rises or falls, I believe it likely - XRP will wick down to, or retest at least 6200 sats. I believe 5300 sats to be below or near the bottom.
I plan to attempt a small buy around 6200 sats and open a large position if price reaches as low as 5500 area. Will reassess if price reaches these levels. z
The market can change my mind, but I see no reason to buy any XRP for the long term until a real bottom forms. None has as yet.
Catatan
I am still bearish on XRP, but just opened a small size (relative to account) Long for a day trade/scalp with a soft TP at or above the level marked. SL is hard at marked level. Catatan
This position stopped out at the level marked. I am still looking for a bottom on XRP and have not seen it yet.
Still looking for ideal longs in the marked area
Catatan
XRP is killing all holders stillCatatan
No one could have seen this coming
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.