Hi Traders,
After the pump to the final 0.54c price gap took place we now face another short entry opportunity, i updated the prior XRP posting when re-entering short 0.535c but in general anything above 0.50 is a decent entry for returns.
Indicators as-well as BTC look read to take a dive.
WHY ART OF THE SHORT?
Shorting/dumping is the MM way of taking back the gains made by retail on the easy climb, the 'ART' begin that when XRP dumps it should return to the 0.405-0.375 target area to clear leverage AND that will likely occur in a time amount of time in comparison to the build up time - perhaps 2 days in totality to wipe out the entire % gains.
So the beauty in shorting is that its opportunistic in nature and exceptionally high returns over short time periods.
The trade is to short at-least 0.525 and above for a good entry.
Target area 0.405-0.375
(roughly a spot 25% GAIN and in a short time period, much higher with leverage.)
I am also naked shorting, meaning without hedging anymore - i would not open a long at these levels so no desire to hedge.
Goodluck,
Asset Mastery
After the pump to the final 0.54c price gap took place we now face another short entry opportunity, i updated the prior XRP posting when re-entering short 0.535c but in general anything above 0.50 is a decent entry for returns.
Indicators as-well as BTC look read to take a dive.
WHY ART OF THE SHORT?
Shorting/dumping is the MM way of taking back the gains made by retail on the easy climb, the 'ART' begin that when XRP dumps it should return to the 0.405-0.375 target area to clear leverage AND that will likely occur in a time amount of time in comparison to the build up time - perhaps 2 days in totality to wipe out the entire % gains.
So the beauty in shorting is that its opportunistic in nature and exceptionally high returns over short time periods.
The trade is to short at-least 0.525 and above for a good entry.
Target area 0.405-0.375
(roughly a spot 25% GAIN and in a short time period, much higher with leverage.)
I am also naked shorting, meaning without hedging anymore - i would not open a long at these levels so no desire to hedge.
Goodluck,
Asset Mastery
