NordicCrypto
Long

Blackbox BUY signal on Ripple/Bitcoin

BITSTAMP:XRPBTC   XRP / Bitcoin
On June 5th we generated a BUY signal for Ripple/Bitcoin BITSTAMP:XRPUSD . The Blackbox algorithm has a 50% chance of winning with a risk-to-reward ratio of 1:5 or better based on historical results in 80+ coins and more than 400 historical signals.

The Blackbox is derived from 15 years experience from institutional trading in currency and futures trading and tweaked to harness the volability of cryptocurrencies. The algorithm is a proprietary, rule-based algorithm that generates buying and selling signals in cryptocurrencies for institutional finance and professional investors.

Read more about the algorithm and register for trial access to the Blackbox at nordiccrypto.com.



Comment: The Ripple/Bitcoin pair has 4 historical signals with 3 winning and 1 losing signal. The average winner was 92% and the loser -17% with an accumulated historical profit and loss of 257% since 2015. Stay for the upcoming exit signal on this 5th signal in Ripple/Bitcoin.
Trade closed: stop reached: XRIPUSD signal closed out with a loss
Thank you, XRP usually pumps hard when it does so here we go!
Reply
NordicCrypto benjiberigan
@benjiberigan, yes - we caution trading with Ripple due to it's known pump and dump manipulation. @samblum_ did a good analysis on mechanics of the most recent Ripple pump and dump here
Reply
NordicCrypto NordicCrypto
@benjiberigan - we post Ripple signals still since our quantitative algorithm has been able to make money on Ripple with a 75% chance of winning thus far - and a risk to reward ratio of 1:6. Good luck on the slopes.
Reply
benjiberigan NordicCrypto
@NordicCrypto, fascinating. Yeah, I totally agree. I was weary of Ripple right before the first HUGE pump and missed out on massive gains because I didn't quite like the project and then missed the second big pump pictured here. Not gonna miss this one!
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