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f-73
23 Nis 2020 19:37

[Watch it] XRPBTC falling wedge, bullish divergences 

XRP / BitcoinBitstamp

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Entry so close to resistence is risky, so evaluate.
Neverthless a potentially interesting setup if you nail the entry.
Otherwise look for a resistance breakout.

Highly speculative trade: XRP is a mad coin , so do your own diligence.

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Opening a first long batch here at 0,00002529.
No hurry.

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So entry was spot on, after all ;)



I had an order filled on breakout as well.
Now i'm putting SL in break even: let's see if current movement up has some proper legs.

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Heh mad coin.
SL saved my day.

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Try #2 First Long batch at 0,00002438

Looking to further accumulation on weakness if feasible.

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Second batch at 0,00002308

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Close to lower bound of wedge.
Yes, risky trade.

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Ok there's a whole fores of resistance above :)



Anyway, pulling a second long batch right from here.

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(third batch sorry)

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Well now i'm in 50% with my long trade. Only the last and biggest batch to be bought ( i do incremental buy: 1u,2u,3u,6u ). Hopefully i'll split-buy the remaining on the way up and not bulk on the way down.

We'll see.

For now i can spot bullish divergences on daily. See above chart.

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This pair is amazing.
Trading UNDER keltner channel for about a whole year now.
Not something usual.



Unless Ripple guys are doing -everything- wrong this is a slingshot.

Well, time will tell.
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