[XRPM19][LONG][8X][177.28% ROE] Ripple on BitMEX @alanmasters

To all those great supporters who hit like in my previous Ripple (XRPM19) chart analysis, here is the full trade for BitMEX as promised.

But before we go there, let me share a few warnings as this is only for advanced traders:

  • All the information shared here is for learning, educational and entertainment purposes only. This is not financial advice.

  • Trading on BitMEX or any other leveraged platform is highly risky and not intended for beginners, rookies or people who can't take a loss.

  • Trades can do great, generate massive profits fast, just as they can generate a loss.

  • If we hit, we are happy, we take the profits, we are grateful, say thank you and move on.

  • If we take a loss, we continue being happy, we adapt, we learn and continue with the next call.

  • So it doesn't matter whatever happens, remember that you are a Divine Soul.

  • Ok, please follow me now... Let's trade! (Remember to hit like).

Trade: LONG XRPM19 by Alan Masters

Leverage: 8X

Buy-in: 0.00005400 - 0.00005700

Time Frame: 4H


(1) 0.00006090
(2) 0.00006250
(3) 0.00006490
(4) 0.00006780

Stop Loss: Close 4H 0.00005400.

Liq. price: 0.00004995
(Buy-in calculated at 0.00005550)

Profit Potential: 177.28% ROE

Capital Allocation: <6%.

Feel free to hit like to show your support.

Thanks a lot for reading.

Trade active: We are now within buy-in range, this trade is active.
Comment: We now enjoy up to 89% ROE by hitting just our first target, more to come.


(1) 0.00006090 -Reached @ 0.00006074
(2) 0.00006250 -Next target.
(3) 0.00006490
(4) 0.00006780
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Related Ideas

This is a great set up....but XRP has been struggling and failing to move up time and time again...If we can hold 5550 or so and start the uptrend again I think this will play out nicely. Thanks!
+1 Reply
alanmasters qsboarder747
@qsboarder747, Indeed it has as it moves inverse to Bitcoin. But Bitcoin is showing weakness now so this time around Ripple might make its move.

The set up is really solid.

It might start to move as soon as tomorrow, we will see how it goes.

Thanks for the comment.

+2 Reply
Awesome! Thank you Alan :)
+2 Reply
@SaltyD, Always, it is my pleasure.
+1 Reply
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