XRP hedge with small long is wise.
Hi Traders,
We are up alot on yesterdays 0.53c XRP short, taking slight profits/moving SL to entry.
Also pointing out we have not really seen the usual massive wick that one should expect from prior price movment with XRP/crypto in general for reversing moment, so the possibility for a sudden and violent pump upwards to 0.58-0.61 is still a slightly chance IMO - expect the unexpected as it goes.
SO i am hedging with a 25% size long vs the short - entering @0.502. incase that is to take place.
Goodluck,
Asset mastery
We are up alot on yesterdays 0.53c XRP short, taking slight profits/moving SL to entry.
Also pointing out we have not really seen the usual massive wick that one should expect from prior price movment with XRP/crypto in general for reversing moment, so the possibility for a sudden and violent pump upwards to 0.58-0.61 is still a slightly chance IMO - expect the unexpected as it goes.
SO i am hedging with a 25% size long vs the short - entering @0.502. incase that is to take place.
Goodluck,
Asset mastery
Comment:
IF the hourlys/significant tf's CLOSE BELOW 0.49c i would lean towards no upward move taking place and its just going to be a solid drop.
Comment:
ADDING TO LONG @0.491
Comment:
TAKING 40% PROFIT ON SHORTS, LEAVING 40% OVERALL TO REMAIN IN TRADE (SL JUST BELOW 0.53.)
