AssetMasteryandInvesting

XRP hedge with small long is wise.

Long
BINANCE:XRPUSDT   XRP / TetherUS
Hi Traders,

We are up alot on yesterdays 0.53c XRP short, taking slight profits/moving SL to entry.

Also pointing out we have not really seen the usual massive wick that one should expect from prior price movment with XRP/crypto in general for reversing moment, so the possibility for a sudden and violent pump upwards to 0.58-0.61 is still a slightly chance IMO - expect the unexpected as it goes.

SO i am hedging with a 25% size long vs the short - entering @0.502. incase that is to take place.

Goodluck,
Asset mastery
Commentaire:
IF the hourlys/significant tf's CLOSE BELOW 0.49c i would lean towards no upward move taking place and its just going to be a solid drop.
Commentaire:
ADDING TO LONG @0.491
Commentaire:
TAKING 40% PROFIT ON SHORTS, LEAVING 40% OVERALL TO REMAIN IN TRADE (SL JUST BELOW 0.53.)
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.