Major alts have been showing strength for the last couple of days and Ripple
XRPBTC
is the first one that gave a Buy / Long signal since mid June. We're still in a bear market and don't get your hopes too high for this move. But we can open a position with low risk.
We have 3 major resistances ahead:
Let's watch these carefully for possible reversals.
As usual, we can be wrong and trading is about being profitable by keeping our losses small. My initial Stop Loss will be at 5571 satoshi.
XRPBTC
is the first one that gave a Buy / Long signal since mid June. We're still in a bear market and don't get your hopes too high for this move. But we can open a position with low risk. We have 3 major resistances ahead:
- 7000
- 8300
- 9000
Let's watch these carefully for possible reversals.
As usual, we can be wrong and trading is about being profitable by keeping our losses small. My initial Stop Loss will be at 5571 satoshi.
Comment:
My Stop Loss hit last night and I'm out of this position.
