[Watch it] XRPBTC falling wedge, bullish divergences

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.

Handel aktiv:

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

Kommentera:

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.

Kommentera:

Heh mad coin.
SL saved my day.

Handel aktiv:

Try #2 First Long batch at 0,00002438

Looking to further accumulation on weakness if feasible.

Kommentera:

Second batch at 0,00002308

Kommentera:

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

Handel aktiv:

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

Anyway, pulling a second long batch right from here.

Kommentera:

(third batch sorry)

Kommentera:

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.

Kommentera:

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.