Trade Alert(s) - Long XRP & Audio
#audio #audius #xrp #ripple #altcoins #tradealerts #tradesetups
Traders,
I was stopped out of three trades today (see spreadsheet below) but all of them had nice little profits. I'll take that when I am going long in a bear market. Let's continue our win streak.
You’ll see here, I've added XRP as a long play to at least that 100-day ma. The red level just above that at 58.5 cents is likely where I'd take 100% off of the table. SL is 49.2 cents for an r/r of up to 4.6.
Technicals here show a break of the neckline on a small inverse H&S pattern with a target at the 100-day. The retest of the neckline is now complete. So, we are good to go here IMO.
I've also added Audio as a long play to at least that 100-day ma around 16.75 cents. SL is 14 cents for an r/r of up to 2.7.
Technicals here show a break of our long-standing bullish descending triangle. We have now retested the top side of our triangle and can expect further upside. Because we are still in a bear market, I am playing these alt-plays rather safely. Base hits not home runs.
Best,
Stew