Riding the Ripples with XRPBTC for 20% in Two Trades

Nov 6, 2018

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Ripple (XRPBTC) Trading on Binance - 2018-11-05 to 2018-11-06
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Who knew Ripple was going to take off? I knew! Here's two easy, profitable trades signaled on the long 60 minute chart (well, long in crypto anyway) with my AllCryptoSignals Volume Pressure Gauge indicator.

This trade has exited now due to the drop from peak tripping a trailing stop. So here's the chart!

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List of Entry Signals + Trades Captured with the AllCryptoSignals Volume Pressure Gauge
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Here's the two XRPBTC trades. These exact trades can be made with the following two tools:

1) My AllCryptoSignals Volume Pressure Gauge Indicator (https://www.tradingview.com/script/pFkddHTm-AllCryptoSignals-Volume-Pressure-Gauge-v1-0/)

Chart period: 60 minute, VP Gauge setting: 5, Alert Crossing Up over -5

2) An automated trading bot that buys on my signal and sells using a trailing stop once hitting a specific price gain (Gunbot + Trailing Stop - Stop Limit (TSSL) or any other bot that supports a trailing stop is perfect!)

• Trade #1 - 2% (10 hours - in early but trailing stop tripped)
  
• Trade #2 - 16% (28 hours. Closed out with the pump today)
  

That long top wick on the closing candle was enough of a signal to get out for now. Maybe XRPBTC will keep pumping, who knows. But this is good enough for today.

What are your thoughts? Are you still riding XRPBTC or have you called it quits?

AllCryptoSignals

(Learn more about the AllCryptoSignals Volume Pressure Gauge indicator here: https://www.tradingview.com/script/pFkddHTm-AllCryptoSignals-Volume-Pressure-Gauge-v1-0/)