$XRP consolidates at a pretty solid resistance point where it could start building up for a recovery. We’re starting to see it gain strength, but it’s still too early to say it’s going to start bouncing due to selling pressure at #BTC . Right now we’re on the weekend’s daily chart; usually there are fewer movements on weekends, which may help if other altcoins bounce as BTC holds its price.
However, whether it goes down or not, it’s a level worth taking into account for accumulating. My STRATEGY is to buy from 1.05 and accumulate in case of any potential price correction driven by BTC, buying only if the position drops more than 65%. ONLY THOSE WHO CAN AFFORD TO HOLD can apply this strategy, and with an initial allocation of 20% of the capital to invest (this helps manage risk and avoid liquidations).
Type: LONG
Leverage: x10
Entry:
1) 1.04
2) 1.00
Take Profit:
1) 20%
2) 45%
3) 70%
4) 125%
Stop Loss: 0.95
DYOR
#Venezuela
However, whether it goes down or not, it’s a level worth taking into account for accumulating. My STRATEGY is to buy from 1.05 and accumulate in case of any potential price correction driven by BTC, buying only if the position drops more than 65%. ONLY THOSE WHO CAN AFFORD TO HOLD can apply this strategy, and with an initial allocation of 20% of the capital to invest (this helps manage risk and avoid liquidations).
Type: LONG
Leverage: x10
Entry:
1) 1.04
2) 1.00
Take Profit:
1) 20%
2) 45%
3) 70%
4) 125%
Stop Loss: 0.95
DYOR
#Venezuela