EMA 50 intersected EMA200 from bottom, which indicates a strong bullish entry. Also we just recently pierced through Ichimoku Cloud which currently acts as a support. Coin looks good!
This is Long position in the next 4 days from 21.7.-25.7. With a 2:1 ratio risk reward ratio on stop loss and sell from the current entry.
Nice! I really like how simple and clean this is :) great chart!
bizi
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@Dalin_anderson, thank you for the comment dalin! :)
adityadoodle9
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I did an analysis for ripple chart 3 day's ago
my entry point is at 9800 satoshi.
yesterday XRP reach 12000 satoshi. volume is about 40k BTC.
But today because BTC Strong move up alt coin is dumped.
in no time LTC will be the 2nd largest volume in Poloniex not XRP anymore.
But i still believe XRP is a good potential though
bizi
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@adityadoodle9, yeah I also entered most of my position when it was at around 9100 satoshi.
Thanks for the comment, we will see :)
adityadoodle9
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@bizi, XRP touching 9800 satoshi right now i sell it at 10000 satoshi. Volume is getting lower by now
i was thinking about rebuy around 8700 satoshi.
would keep my eye on it.
mightytrader
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Do you think it will go to 50 cents or more this time? :)
bizi
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@mightytrader, I do, but I think it will probably need about 1-2 months to get there.
If you want, I can post a really long term trading chart for XRP in the next 3 months
Yes, please do! So, I am impatient though and would like to build up my XRP... Held onto it for a month and was too afraid to trade it this month and therefore missed all the other coins. I could have had 100,000 XRP if I traded it this month into other coins.
I am newbie though... started in March and need lots of education and training.
I hate how fast the market grew... Too much money already and not enough experience.
I had $30-$40 DASH last summer... Then I checked it in March and it turned into over $700!
bizi
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@mightytrader, I posted my long term chart prediction on XRP :)
I might be wrong, but this roughly the way I see prices going.
Haha yeah, market is growing really fast and it will probably continue to grow :D
I feel you man I remember wathcing ETH on 5 bucks and now its over 300+. It's crazy how fast things are growing.
Onyro
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@bizi, nice.. i have a similar theory on my published charts too. Thanks for sharing.