
eryklct
@t_eryklct
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eryklct

Manta is a project that I've been paying attention to since its launchpad that took place during the last bull run. A good launch and proper pullback may be a good buying opportunity.

eryklct

With Bitcoin hitting new ATHs we see some momentum building up in XRP. Last cycle when Bitcoin crossed it's ATH XRP exploded by something around 170%. May not happen so quickly again but the charts are pointing to more upside. Presenting the chart and a trade idea that displays a position that i'm in already. Got a slightly better entry with over 2 cents in profit at the time of writing it. I think that the recent drop to 0.5386 could've been the last correction move before a long term breakout to the upside. Even with this entry R/R ratio is at 1:2 so it is a trade that's worth taking from this perspective. Personally I'm hoping for a greater move that will potentially push XRP above the highs from the last cycle. With violet colour I've marked the price ranges of XRP that I will be using to take advantage of corrections and breakouts in order to secure the best entries and exits as I'm managing this position. Good Luckadded 20k xrp to the position as we corrected into the violet zoneIt's working. As mentioned before we are looking for a move that will be similar to the one where Bitcoin crossed 20k for the first time and XRP followed with a big pump. I think that this kind of breakout takes place nowGood move into the zone above, currently rejected with potential for a bounce at 0.666 (dotted line is on the chart). Locked some profit today as we got into the resistance. Will be adding back if we see the bounce of the mentioned level.Order filled at 0.666 yesterday. Added 10k xrpwhat happened on Bitcoin was also a great opportunity. Falling back below the previous ATH for a brief moment. May add even more strength to the BTC breaking out so it fits XRP breakout theoryHad not much time to update but I was out of position since we dipped below 0.666 again. Now opened position again at 0.59. Couldn't get entry in the violet zone but closeAlso I'm on short on nasdaq where I expect to see a swing to the downside. So it may not be long lasting position but it behaved wellAdded more with better entry{img} [/img] Still accumulating XRP under the violet zone which I think are fair prices as long as the market is not reversing its directionBought more xrp after the dump. Gaps are closed went under violet zone again.Also long bitcoin. Looking for a reversalGood time to take some profits in the 3rd zone. 40% closed. If we gonna go higher I'll scale out in the next zone

eryklct

With Bitcoin hitting new ATHs we see some momentum building up in XRP. Last cycle when Bitcoin crossed it's ATH XRP exploded by something around 170%. May not happen so quickly again but the charts are pointing to more upside.Presenting the chart and a trade idea that displays a position that i'm in already. Got a slightly better entry with over 2 cents in profit at the time of writing it.I think that the recent drop to 0.5386 could've been the last correction move before a long term breakout to the upside. Even with this entry R/R ratio is at 1:2 so it is a trade that's worth taking from this perspective. Personally I'm hoping for a greater move that will potentially push XRP above the highs from the last cycle.With violet colour I've marked the price ranges of XRP that I will be using to take advantage of corrections and breakouts in order to secure the best entries and exits as I'm managing this position.Good Luckadded 20k xrp to the position as we corrected into the violet zoneIt's working. As mentioned before we are looking for a move that will be similar to the one where Bitcoin crossed 20k for the first time and XRP followed with a big pump. I think that this kind of breakout takes place nowGood move into the zone above, currently rejected with potential for a bounce at 0.666 (dotted line is on the chart). Locked some profit today as we got into the resistance. Will be adding back if we see the bounce of the mentioned level.Order filled at 0.666 yesterday. Added 10k xrpwhat happened on Bitcoin was also a great opportunity. Falling back below the previous ATH for a brief moment. May add even more strength to the BTC breaking out so it fits XRP breakout theoryHad not much time to update but I was out of position since we dipped below 0.666 again. Now opened position again at 0.59. Couldn't get entry in the violet zone but closeAlso I'm on short on nasdaq where I expect to see a swing to the downside. So it may not be long lasting position but it behaved wellAdded more with better entry{img}tradingview.com/x/5lcvtvJ0/[/img]Still accumulating XRP under the violet zone which I think are fair prices as long as the market is not reversing its direction

eryklct

Major short opportunity Massive rally may be due for correction or even trend reversal based on how the stock market reacts to hitting new all time highs. In general the direction is up with interest rate cuts on the way (next year), presidential election, fed buying up debt and weakening dollar. Dow ath pending, nasdaq still some time before ath. Just dow hitting ath may cause some big moves in crypto. Like a spike above 40k and then dump. No idea if fed is going to keep the market mooning next year. Still many red flags in the market. Liquidity being the most important one. Idea here would be a high probability setup. After everyone betting short recently and market crushing them all, first major dump may be on the way. May turn in to a big buy the dip opportunity but that's still to be decided mostly by Powell and his minions. Good luck

eryklct

eryklct

LONG RNDR SPOT Looks like rndr going to pump as hell. Next monthly candle soon and I think we gonna play it out. Spot cause the SL would be the base line so around break of 1.66. If we would somehow got there I'm opening position with leverage cause it would be less riskComment: I meant SL at 1.6453 break

eryklct

LONG ALGO AGAIN X2 I'm back in the demand zone. Just woke up to it so couldn't catch the very bottom. Entry at 10 cents with 3x leverage

eryklct

Just so You can see That's the resistance I've been talking about. Big pump should follow but with algo it's not that certain lol. Very low risk anyway

eryklct


eryklct

LONG XRP ADD LEVELS Update to the current xrp long position as it was not shown on a weekly chart before. Marked a zone where I would add heavily to my position in case of a retest and liquifity grab. Also this zone shows where are we regarding the risk. Once we start closing below risk will grow and it will be the time to look into it wether it's worhlth holding it or not
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