$XRP long setup on Bitmex

Entered a long position $XRP #Ripple based on oscillators oversold, testing 200 sma, support showing in the candles, couple of green volume bars showing, price entered into the .618 fib zone. Margin is only 3x, liquidation price is way down the ladder, stop loss setup in case it goes against me, targets at resistance and alerts set to get me out of bed. For me its a matter of gains on wins far outweighing small amount of times stop losses get hit. Lets see how it plays out. If you cant see the chart just double click the price column and it will appear. NOT financial advice, trading crypto is risky.

تعليق:

Pulled the pin to exit just under break even on the 2nd red candle.