$XRP Is this a dead cat bounce or do we have a uptrend?

Yesterday I closed my short on the 2hr timeframe, this was a very nice 13% profit. But then i made a mistake, FOMO. I re entered based on the same 2 hr time period, this morning there was something with a dead cat. My short was closed and i had a loss. I need to stick to my strategy, close above the cloud and 26 ema start looking for a long, for a short the other way around. But i need to do this within a 4 hr time period.

Takeprofit of more than 10% is good for now. I'm using a leverage of 3 so it brings 30% to my balance. In the end it was a good trading day yesterday, i reached my weekly target. Keep on trading, keep on learning !

I still think we will have another drop, if BTC goes down (below 6150) XRP will follow !

Commentaire:

Not much happening, waiting on a close below the cloud. That low is my point of going short.