Hi Traders,
Big day yesterday for XRP, we scored a short from 0.525 -> 0.48
Now looking to catch a short on the SL hunt/double top in the 0.525-0.54 area
likely to have the upward move top out in the coming 4-8hours and stop falling into Sunday for the weekend.
MM pump/resets XRP to a high point and lets retail buy it on the way down... no real news has come out this is if anything a terrible sign that BTC is going to tank on Monday. (the usual prelude to BTC breaking downward is the XRP pumps.
Goodluck and manage your leverage as price moves violently with such big volume at the moment. (soon to be ripped away)
XRP has promise but needs the court case to be done with and from my understanding that is still not a reality until early 2023.
Asset mastery
Big day yesterday for XRP, we scored a short from 0.525 -> 0.48
Now looking to catch a short on the SL hunt/double top in the 0.525-0.54 area
likely to have the upward move top out in the coming 4-8hours and stop falling into Sunday for the weekend.
MM pump/resets XRP to a high point and lets retail buy it on the way down... no real news has come out this is if anything a terrible sign that BTC is going to tank on Monday. (the usual prelude to BTC breaking downward is the XRP pumps.
Goodluck and manage your leverage as price moves violently with such big volume at the moment. (soon to be ripped away)
XRP has promise but needs the court case to be done with and from my understanding that is still not a reality until early 2023.
Asset mastery
Comment:
Volume on bybit down 20% from day on dat... prices will not stay up for long
Comment:
Short entered 0.51 - looks like an upward move is not so likely.