Victor Cobra's Trading Challenge - Part I (XLM/XRP/NANO)

Repost of the video I made last night. This one's a little shorter. I bought 3 coins with the intention of cashing out completely once I reach a profit goal, rather than holding long term. I may fail miserably at this, but it's a learning experience :)

Entries:
NANO - 2525
XRP - 7600
XLM - 2620

Targets:
NANO - 2750 (already hit), 3300, 4000, 6000
XRP - 8700, 11000, 14000, 22000
XLM - 3500, 4000, 5000

Possible USD targets:
NANO: $1.80-$2.20
XRP: $0.60-$1.00
XLM: $0.25-$0.35

Looking at the XRPUSD chart is interesting. On the Bitstamp log chart, we seem to have broken out of the triangle and even retested it as support:

XLM as well. May complete a giant inverse head and shoulders on the USD chart.

Anyway, this is not financial advice. This is a personal trade I'm doing, and it may not play out in my favor. I will post updates.

-Victor Cobra

Note

Another way of drawing the XRP wedge has us already hitting the bottom just recently:

Note

NANO continues to consolidate above 2700 (which is a good sign) and XLM is slowly moving up a bit.

VictorCobra

Also on:

Related publications

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.