Blog
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XRPUSDT Perpetual Contract
Just now opened an Xrp long.
I anticipated that before a major selloff that might signal local top that we’ll retest $3.4>
Took my chances and buy while it was breaking back above the $3.14 support area after bouncing aggressively/sharply.
Tps are on chart and potential early close area. I noticed with xrp recent price action that every time it dips it gets bought back up to the nearest resistance on the 4hr tf, expect similar price action today if the current 4hr candle manages to close back above $3.14 area. -
SOLANA/USD TETHER PERPETUAL SWAP CONTRACT
2D time frame and lots of angles, but find them interesting but I trade the horizontals.
Look for the First previous high on the time frame you are trading and very often the re-test will be down to that first previous high, one the 1hr that’s $265-66 ish, traders are front running that spot
quite often this re-test buy area is between the .618 and the .786 or on the 61.8
strong trending moves may only retrace to the 38.2 on the way up, but most likely eventually will get retested