XRPUSD - LongWell this will be an interesting trade for sure - loads of Fundamental reasons, but... #crypto
I am long, I awaited a little break to the upside - which I see here.
I managed risk by the dollar amount I invested. No Stop at this level as I see insane movements could take me out.
No leverage was used.
I am actually new to stacking crypto assets - what a rabbit hole it is.
HODL - as they say.
Cryptobros
SPX500 | Short IdeaI see a significant pattern setting up for more downside on this index.
- engulfing candle patterns at major daily 200 EMAs
- PA below the 200 EMA on the daily
- a flag (bearish) pattern has been completed
- layering on the fundamentals of gold/silver and even bitcoin being purchased over more "risky" stocks - especially this banking fiasco.
2.3 : 1
1% risk - Happy Trading!
ETHUSD | EthereumA buddy nudged me about this idea, and I do see downside for ETH.
That is a significant trendline that price has broken, now PA is below the EMA's with a classic "Bear Flag" on the 1H chart.
In theory; the height of the flag pole should break to the downside at an equal distance. - in theory -
It is important to mention, the engulfing candle.. a classic reversal setup right on the EMA's
Let's see where this goes. My stop is a little close for my liking, but I did not feel compelled enough to move it...
1% risk 2:1 RR