XRP still look bullish..Idea if you want to jump in now
Here's a trade idea for XRP/USDT for those who would like to jump in now
The price is still hovering where our MA crosses signaling a long. I use our MA script to define the entry
Our stoploss use pivot from our Stoploss picker script
As for the TP, I placed it near the next candle after the recent high as it might very well retest this area. I wouldn't suggest using the MA cross as an exit as it is not performing well for this pair.
If you are risking 2% of your account on that position, you should use 4.69% of your equity
you can learn how to define your Position size by googling "trend surfers position size"
this is not the best trade opportunity, but for those who really want to trade XRP today, you might want to consider this trade idea.
The price is still hovering where our MA crosses signaling a long. I use our MA script to define the entry
Our stoploss use pivot from our Stoploss picker script
As for the TP, I placed it near the next candle after the recent high as it might very well retest this area. I wouldn't suggest using the MA cross as an exit as it is not performing well for this pair.
If you are risking 2% of your account on that position, you should use 4.69% of your equity
you can learn how to define your Position size by googling "trend surfers position size"
this is not the best trade opportunity, but for those who really want to trade XRP today, you might want to consider this trade idea.
To get all my scripts, analysis, trading tools, tutorials and free crypto trading signals, visit my website at TrendSurfersSignals.com