AlanSantana

Ripple (XRPU19) Trying To Move Higher (Ascending Channel)

Long
AlanSantana Updated   
BITMEX:XRPU19   None
This baby, Ripple (XRPU19) is trying to move higher...

The signals for me are kind of bullish but... still some mixed feelings... Anyways, we go with the signals.

  • Trading above resistance with a bullish RSI.
  • EMA50 (0.00003380) should be our next target. Not much for cryptocurrency, but a lot if you are using leverage correctly.

This is not a piece of trade advice.
Remember you need a stop-loss if you decide to trade.
Leveraged trading is ultra-high risk and intended for experienced and advanced traders only.
Trade at your own risk.
This is not financial advice.

With that said...

WE LOVE YOU!!!

Namaste.
Comment:
Trade: LONG XRPU19 (Ripple)

Leverage: 7X

Buy-in: 0.00002860 – 0.00003080

Time frame: 4H

Targets:

(1) 0.00003100 -Reached
(2) 0.00003170 -Reached
(3) 0.00003210 -Reached (+31.92%)
(4) 0.00003280
(5) 0.00003400

Stop-loss: Close daily (1D) below 0.00002700.

Liq. price: 0.00002569
(Buy-in calculated at 0.00003070)

Potential profits: 75.18% ROE

Capital allocation: 4%.
Comment:
Targets:

(1) 0.00003100 -Reached
(2) 0.00003170 -Reached
(3) 0.00003210 -Reached (+31.92%)
(4) 0.00003280 -Reached
(5) 0.00003400
Comment:
Still trading within its ascending channel, we aim for our last target next.
Trade closed: target reached:
71.82% Total ROE (Profits collected)

Targets:

(1) 0.00003100 -Reached
(2) 0.00003170 -Reached
(3) 0.00003210 -Reached
(4) 0.00003280 -Reached
(5) 0.00003400 -Reached @ 0.00003385

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