XRPUSD Trend - Uptrend in major timeframe could confirm when price breakout / stand over 1.2
Possibility - Range in 1.2 - 0.7 waiting for market choose direction
Key support - resistance - 1.2 (61.8% retracement from All Time High) - 0.7 Latest Low
Chance Entry - Buy zone : 0.7-1.2 TP : All Time High , All Time High+ SL : 0 (Leverage 1-1 Buy and hold) - For high volatile product
Risk-Reward - Expected Return At Entry point 50% All time high ,TP at All Time High - RiskReward=1, (if TP higher than All Time High : RiskReward will be 1.x ) Margin $1000 at 50%All Time High can growth up to $2000 at All time high - You could gain Risk-Reward by Buy below it (50%)
money-portfolio management SL=0, Margin use 10-35% of portfolio ex. Portfolio size $10000 , use 10% ($1000) as Margin to trade XRPUSD by SL=0 - Can use up to 10-35% (kelly criterion)
Notes - Trader could use Grid strategy to generate cashflow/Collect coin-CFD contract at Grid 0.7 0.8 0.9 1.0 1.1 1.2, - Cashflow can generate capital-margin for position at 1.2 - Invest with size that you could accept loss - This strategy is good for investor whom believe in performance of product XRP/USD , and Ripple company (AS Value investor) - longterm
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