maheswar81

Ripple trades goes here, quick 50% trade

Long
maheswar81 Updated   
BITSTAMP:XRPBTC   XRP / Bitcoin
Hello Friends,

I didnot take Ripple seriously, but no wonder why everyone says Ripple is sleeping giant. I was trading technically on this coin multiple times, but the background /fundamental is soo huge.

Banks can save trillions of Dollars because of Ripple.

So I strongly recommend to add XRP to your profile. I hold my 10%.

I will add more fundamental links in future.

Lets about technicals :

Quick 50% trade possible on this pattern with the target of 21000.

I will post about long-term view on this later. Most welcome to discuss all the fundamentals on this.

Just remember, one of the few to predict XRP trade.

Our previous analysis :

Comment:
exit on break below the pattern. We can look at it again.
Comment:
stop loss :
Exit on break below the pattern.
Comment:
Are we heading to the moon? Currently 10% up from our price, soon we will reach our target.
Comment:
I feel it would take some more time to gain the momentum. It is trying hard to break the previous recent high @15900, but couldnot. The day close would give more clarity.

It has to break this range.


Stoploss can be 13600
Comment:
Stoploss should be on 4H closing basis.
Comment:
Please reduce your exposure.
Comment:

One can add more on this breakout
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Let me tell you, we can see Ripple @24000 in 10 - 15 days.
Comment:
Close to target, book your profits.

Wow, We have achieved 70% in 3 days.
Comment:
Down to 19000, it was at 23000+, we will revisit this again later
Comment:
Just take a look at the daily candle.

RSI is falling from the top and we are heading to previous support range.

Buy in Range is 16000-17000

Comment:
I may buy upto 12000
Comment:
Have your stop loss, I dnot see the strength.
Comment:
Still in the range, if you get a chance buy at 13700-14500, sl below this levels. Failure to hold this level, I see XRP to drop to 8500 level.
Comment:
strict stop loss is required below the levels.
Comment:
strict stop loss is required below the levels.

Buy back levels 8500-9000
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