Hi traders,
I have closed 60% of the XRP short position from 0.53c and have fully (equally) hedged the initial trade position with a long.
ENTRY
0.493
TP 0.588-0.61
SL 0.475
Looking to see a blow off top for XRP on the daily/weekly, which still have plenty of time considering the weekly has still 6 days remaining. Seems likely even given the weekly timing starting red.
We can not say for certain price is going to dump from here/i am not comfortable leaving the short unhedged. So lets play it safe.
Good luck ,
Asset Mastery