alanmasters
Long

Ripple (XRPM19) Getting Ready To Move (173% ROE on 8X)

BITMEX:XRPM19   None
We are looking at a trade setup for Ripple (XRPM19) on BitMEX. Let's get straight to the signals:

  • We have a double bottom and multiple signals pointing to a breakout to the upside.
  • We have a bullish falling wedge .
  • We know XRPM19 to be bullish because it completed its retrace before reaching 0.786 Fib. retracement of the last bullish wave.

So if there isn't another drop , Ripple can move up from here.

We are looking at a trade set up with 8X leverage and up to 173% ROE potential.

Make sure to hit like if you would like to see the full trade details (buy-in, targets, stop-loss, and additional information).

Our previous trade for XRPM19 generated 107% ROE after hitting three targets. This is now the retrace and a new move will happen soon... You can find our previous trade idea here:
Thanks a lot for reading.

  • This is not financial advice.
  • All the information shared here is for learning and educational purposes only.
  • Leveraged trading is only for experienced/advanced traders.
  • Leveraged trading is ultra-high risk and not intended for beginners. If you can't take a loss, this is not meant for you. Trades can be good as they can be bad.
  • Thanks for the continued support.

Namaste.
Comment: BITCOIN Starts moving again...
See here:

Bitcoin Will Disappoint Many People... But Why?

Here:
Comment: Bitcoin Continues Going Higher & Higher ($11,660 Next?)
Comment: I will share the trade at 200 likes. (173% ROE Potential total)
Comment: Ripple is moving again... Here is the trade... Make sure to show your support next time we share it sooner:

-------------
Trade: LONG XRPM19

Leverage: 8X

Buy-in: 0.00004600 - 0.00004860

Time frame: 4H

Targets:

(1) 0.00005140 -Reached (+47.76% ROE)
(2) 0.00005450 -Next target.
(3) 0.00005670
(4) 0.00005900

Stop-loss: Close 4H candle below 0.00004600

Liq. price: 0.00004365
(Buy-in calculated at 0.00004850)

Potential profits: 173.12% ROE

Capital allocation: 8%.
Comment: Targets:

(1) 0.00005140 -Reached (+47.76% ROE)
(2) 0.00005450 -Reached @0.00005434 (+96.32% ROE)
(3) 0.00005670 -Next target.
(4) 0.00005900
Comment: Always secure profits each time we hit our targets.
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Related Ideas

is this still active alan? In a bullish context, xrp usually does pump when btc dumps..
Reply
Thanks for sharing the trade anyways! Really appreciate it :)
Reply
@Cash-Dash, Happy to know that, it is my pleasure.

Thanks a lot for the support.
+1 Reply
I also think that this will happen, and the price will rise
+1 Reply
@SpartaBTC, Great chart, thanks a lot for sharing.
Reply
Is this gonna work out like last time?
Reply
alanmasters TheRealDemo
@TheRealDemo, Most likely...
Reply
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