Nevermorejk

XRP

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BITFINEX:XRPBTC   XRP / Bitcoin
I wish I had a really good reason, but I don't. Yes, buying XRP contracts.

Starting to buy XRP for a long position here. Averaging down to the lower red support. I will stop out if we break below that convincingly.

Horizontal and Volume support level here. Bullish divergence on RSI, and CMF (slight)

I am pyramiding these buys and keeping this to a small position (less than 5% of total account)

Profit targets are previous highs over the past 8 months. With a stop below the lower Horizontal(red) R:R is 5.51 for 2nd to last profit target. Worth it. Could be played more conservatively and take a larger position with a stop below current Horizontal.

These are a record of my trades. Provided for educational purposes only.
Komen:
Lowest orders have filled. Waiting on rebound or stop out.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.