XRP
Long
Updated

XRP short term retracement

799
Looking for XRP to do a short term retracement with both a bull and bear trap before heading backup again. This path should cause maximum pain to traders.
Trade active
Bull trap confirmed. Waiting for movement to .395 target. If we move to .449 this idea will be cancelled.
Order cancelled
Breakout to the top
Note
Still a possibility that was stop hunt
Note
I know yall are trying to get that XRP. This is an update to original idea to return to. Still waiting for confirmation.
snapshot
Note
$.435 will re-open this trade idea
Trade active
Note
With the extra breakout to the upside expecting a lower than planned downside target of .38
Note
New target .36
Note
Possibility of heading to .34 or even .30 because we wen't higher than we should have without a healthy retracement first. If you buy in at .36 or .38 be prepared for the possibility of it heading lower. .3 - .38 will be very difficult to predict the bottom for. scale in and hold on for whatever happens.
Note
Looks like my triangles are nearly backwards. Either way still bouncing in right spots more or less snapshot
Note
On track
Note
If we break down here will increase my target back to .34 if we make a run straight to .36 then that would be my target.
Note
Updating target to .365
Note
Don't think we'll go much lower from here. it's possible we touch down to long term trend but we might just hit it by going sideways on the .44. I am long at this point.
Note
looks like I was exactly wrong on every reversal :-D
Order cancelled

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.