Short
I shorted XRP at 4770
01. When BTC is beasting, alts bleed. XRP is no different.
02. I have noticed that every time XRP pumped in the past couple days and hitting the EMA, it will go down again. Today XRP spiked 23% from the swing low and I had the pleasure of shorting it at 4770. I should had added more shorts near the time but oh well.
03. Waiting for BTC to finish going bullish and have a mega retrace. Alts will dump some more.
04. When BTC takes a huge stinky dump and consolidates (at EMA lines or fib lines), alts will take a huge nasty plunge into the aybss. ONLY then when it's rock bottom price, when the weak hands folded, that alts will do a mega rise. I will long ADA / XRP / ETH then.
05. For now, I will continue to short XRP. I'm also looking to short BTC soonish.
06. The market does what it whats. Respect the market by letting it run it's course (with you trading with the momentum) and when the market loses it's steam, you can go with the momentum by shorting, feels good man. Respect the market, respect the timing and it will give you $$$.
02. I have noticed that every time XRP pumped in the past couple days and hitting the EMA, it will go down again. Today XRP spiked 23% from the swing low and I had the pleasure of shorting it at 4770. I should had added more shorts near the time but oh well.
03. Waiting for BTC to finish going bullish and have a mega retrace. Alts will dump some more.
04. When BTC takes a huge stinky dump and consolidates (at EMA lines or fib lines), alts will take a huge nasty plunge into the aybss. ONLY then when it's rock bottom price, when the weak hands folded, that alts will do a mega rise. I will long ADA / XRP / ETH then.
05. For now, I will continue to short XRP. I'm also looking to short BTC soonish.
06. The market does what it whats. Respect the market by letting it run it's course (with you trading with the momentum) and when the market loses it's steam, you can go with the momentum by shorting, feels good man. Respect the market, respect the timing and it will give you $$$.
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