Weekend Hold -- XRPBTC Long Til 0.000074I had been generally successful scraping some shorts in the last days, last night's bottom appeared to me like a capitulation low. So I'm long from .0000705 with target of 0.000074. I will re-evaluate at that level.
On the 30min chart, 200SMA will act as support if uptrend here.
However, crypto as a whole is definitely not bullish yet. Stocks will open on monday and likely be red. I'm looking to exit this trade and re-assess Sunday night when Asian and European markets open.
If bounce in equities Sunday night, crypto will hold and will feel more comfortable holding this position into the week.
