XRP Trade on Jun 22, 2019 12:04 from Marius: Tradervue User Stock Trades.

Intraday trade here following up on the recent BTC pullback. High risk entry here but wanted a small position in a strong developing name. Noting this did not hit OS on the 5m and has rising daily RVOL. It just cleared overhead supply and is reversing momentum on the XRPBTC chart. Noticing more and more alt's seeing strength. This is a confirmation and breadth improvement in the space.

*XRP stats - on previous trade but RVOL D is now notably over 2x

XRPUSD D,

XRPUSD 30m,

XRPUSD 5m, Notable 5m not getting OS

XRPBTC D, Noting the momentum divergence (edit : official if it made a lower low but my intuition says it's pretty close). Will have to be confirmed with a HH. With 4.6x RVOL this a a more probably outcome.

Trade + Risk Management
This is only a very small position and will be exiting at a small loss but will hold onto it to see if it will reach my original targets. Again, depending on how volatile the environment gets I may scale and or exit.

Trader Development
I'm noticing as I'm realizing gains and getting consecutive successful trades I'm also tightening my position sizing and learning/choosing better set-ups (that make sense to my strengths + timeframes). This is a way to protect current profits and prevent myself from getting over-confident. The market can reverse at any moment and even more probable now with this move. I want to keep my consistency and continue growing as a trader. Probably need to get some sleep but this is the trade-off in this current crypto environment.

XRPUSD 1h, Noting bull volume compared to bear volume.

Additional noting : BCHUSD D, approaching 161.8% level and clearing VWAP from ATH's CBP

BCHBTC D, daily OS bounce with notable RVOL (4.14) (more than XRP's)

Trade Review
Stop was filled and walked away with a small loss due to a smaller position size. I learned that I was charting on Bitfinex and was using levels there. CBP had the price lower and I did not notice it until I was looking at the chart. I though I made a mistake entering the order but it was because I was using levels from another exchange. **Noting for the future to be careful when charting and using levels from other exchanges.

XRPUSD 5m, CBP

XRPUSD 5m, Bitfinex