XRP / Bitcoin
Long
Updated

Long the Weekly Parabolic SAR reversal

271
Double check on sunday for *actual close confirmation*.

* We already got MACD / MACD VXY crossover.
* Willy on historical lows.

Look for volume.
Buy a 0.00003 breakout.
Stop under 0.000022.

Good luck.
Note
Previous analysis:
We may have an *early hint* of reversal.
Note
Parabolic SAR reversal is confirmed.
Trade active
Note
snapshot

Come on, XRP. That's a start.
Note
Up 20% already.
Enjoy.
Note
Up about 30%.

Don't forget to lock in some profit and buy the dips.
Note
Look at PArabolic SAR ... Wasn't it a pretty good signal ?

snapshot

Hope you enjoy ;)
Note
About +40%.
Dont forget to apply a SL ( maybe trailing ).
Note
snapshot

That's SIX green candles.
Note
Awaiting test of resistance ( upper bound of wedge )
Note
snapshot
Note
Looks a rising wedge.

snapshot

Don't forget to apply a (trailing) Take profit.
Note
Breakdown as expected.

snapshot
Note
Personally i've liquidated the leveraged "short term" position opened back in september ( see opening post ). Almost 40% gain on that. I will buy back later.

I've still a seperate longer term position running.

If you're a medium term investor you can hold open and further accumulate on dips.
This is just the beginning imho, we'll evaluatethe outcome in a few months.
Trade closed: stop reached
Exit on take profit at 0.0000362.
34% base gain ( further multiplied by medium leverage ).

NIce trade, looking forward to enter again.
Note
Good timing.

Got my buyback orders filled again down to 0,000028 - 0,000030 already.
Already reinvested 30%.
Note
snapshot
Note
Let's do it again ?

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.