Disclaimer: This is not financial advice. High leverage trading is about entries, you need to have patience and not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. My aim is to capture quick & safe profits, not to predict the future, this is possible only by planning ahead and waiting for a good entry. If you're nervous and itching to open a position then take a few deep breaths and don't trade.
$XRP is stuck in a range right above the .5 fib level, the impulse that started after the crash in March seems to be holding up for now. Should we lose 0.22 on the daily then the impulse scenario would be invalidated. Short term another leg up is in the cards, targeting $.32.
High leverage long set up:
Entry: 0.25-0.22, the closer to 0.22 the better
SL: 0.22
TP1: .32
TP2: .5
$XRP is stuck in a range right above the .5 fib level, the impulse that started after the crash in March seems to be holding up for now. Should we lose 0.22 on the daily then the impulse scenario would be invalidated. Short term another leg up is in the cards, targeting $.32.
High leverage long set up:
Entry: 0.25-0.22, the closer to 0.22 the better
SL: 0.22
TP1: .32
TP2: .5