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philipdinu
18 déc. 2017 19:05

XRPBTC - 4H Trend Continuation Long

XRP / BitcoinBitstamp

Description

XRP has recently completed an e2e play on the daily Ichimoku cloud and appears to have retraced the 4H Ehlers MA cloud. Momentum seems to be shifting to the upside after a bounce off the cloud, I will be opening up some positions with a tight stop in the MA cloud.

Transaction en cours

Opening up some positions due to price action off the 4H MA cloud.

Transaction en cours

Updated 4H chart with target taken from the reverse 1.618 fib extension of the movement ~8000 sats.

Transaction en cours

Price en route towards target.

Trade fermée: cible de profit atteinte

+105%. Target hit, closing out most of the positions and letting others run on a trailing stop.

I'm expecting price to retrace from this area for an opportunity to buy in again.

Commentaires
jaytanwar
Bought 13.5k at 4405
philipdinu
@jaytanwar, nice.
Mastodonic_
Got some targets in mind?
philipdinu
@Mastodonic_, updated.
Flipwedge
I picked up 15,000 at 4099sats on the big drop.
philipdinu
@Flipwedge, Nice, great position to be in.
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