This is a follow up to a previous idea, by shorting XRPBTC with a margin trade we not only defend our wealth but also increase it. This trade is against BTC and not USD. When BTC is down alts go down even harder and We will use this to increase our BTC in a ratio greater than what BTC is failing. Targets on charts, fibo levels ! We are using trailing stops just in case the market get some fast run against us, in this case we are stoped with profit and get in again at a higher level to continue shorting or just wait a little bit for clear signs.
Trade closed: target reached:
Realized profits @8579, the middle blue dash line, for now I don't think it is going down so fast as BTC already hit 10k, will continue monitoring for clear signs.
