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Ripple Trade Opportunities

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POLONIEX:XRPBTC   XRP / Bitcoin
Just having some fun with the hourly chart here.

Looking at longer timeframes can let you know when you should increase or decrease your overall position.

Right now I am watching 3 & 5 minute charts, accumulating on the dips and HODLING.
Dagangan aktif:

This last dip put me under my margin so can't add to my position, but it's a very good time to buy right now.
Dagangan aktif:

So I got a margin call notification during the flash crash today and have reduced my position a bit to avoid another scare like that. XRP is really having a hard time building positive momentum so it might be better to just wait until a strong trend develops to buy back in.
Dagangan aktif:

Sold some of my position once price stabilized from the panic selling in case we have another drop. Looks like XRP is getting back on steady ground and remaining at the top of the Fib retracement. Am I using this indicator correctly? LOL

Adding back to my position in small amounts as the trend gains more support. Going to leave a good 10% buffer so I don't risk liquidation as much.
Dagangan aktif:

Ripple is hovering between 97500 and 10000 today. Picked up a bit more around 98000. My margin is at a comfortable 50% right now - waiting for a breakout above 10k to expand my position.
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.