What a play on Ripple! XRP USD
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Wow, already busted up and hit this .90 level. That buy stop play worked great! Looks like my first resistance point is holding up so far.
I would be looking to take some profit around here at this .90 cent zone. If you are thinking "But Sherem, I don't want to take profit because it's going to the moon." Well, just throw a stop loss around .79 or so. Give it some room to run if it does, and make sure you book some profit if it doesn't. You can keep a really tight stop or loose one. You can always re-enter if you get stopped out in case you are worried about the moon trip, but this way you will be locking in profit. I would much rather complain about not maximizing a profit rather than a loss.
But if we do continue to march up, I would look for psychological resistance at the $1 are and more technical resistance in the $1.20 area.
Note that we are hitting resistance points across the board. BTC has been struggling to barely break these $8,300 highs. ETH is hitting some major resistance at this 600 level. This gives me more reason to believe we will get a pull back, but this is crypto so we'll see what happens.
Happy trading,
Sherem
I would be looking to take some profit around here at this .90 cent zone. If you are thinking "But Sherem, I don't want to take profit because it's going to the moon." Well, just throw a stop loss around .79 or so. Give it some room to run if it does, and make sure you book some profit if it doesn't. You can keep a really tight stop or loose one. You can always re-enter if you get stopped out in case you are worried about the moon trip, but this way you will be locking in profit. I would much rather complain about not maximizing a profit rather than a loss.
But if we do continue to march up, I would look for psychological resistance at the $1 are and more technical resistance in the $1.20 area.
Note that we are hitting resistance points across the board. BTC has been struggling to barely break these $8,300 highs. ETH is hitting some major resistance at this 600 level. This gives me more reason to believe we will get a pull back, but this is crypto so we'll see what happens.
Happy trading,
Sherem
Note
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If you are seeing this for the first time, here was my original call - 
Note
This resistance zone on XRP has really been holding strong. If we zoom in we can see we are forming this wedge like pattern. Typically this means we will continue higher but we are starting to see some divergence and we are now at major resistance points across the board on every pair. I would take half profits off the board, stop below .79 (that 80 cent level held up well) and let the rest run. Note
chart update: 
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