TradingView
This_Guhy
Oct 22, 2022 1:20 AM

XRPUSD and XRPBTC Bullish Formations equal gains 

XRP / U.S. dollarBitstamp

Description

Purely a charting play with fib extensions. Sometimes that is all you need. I have a stop in there on XRPUSD that I hope to leave alone for a year or so before I take some profit. It would be nice if we had a 500% month in XRP but that is wishful thinking.

XPRUSD went into this triangle with an uptrend so the supposition is the uptrend will continue. XRPBTC has a inverted head and shoulders at the same time so I think both will reach target and I will be moving to Gainsville, Population +1.

Comment

XRP is notoriously volatile. I still think we are going to see a pump to the upside and test multi-year resistance but the thrash is going to be very painful



I had some margin that got stopped out for a 25% move at x5. I am going to look for a new entry and I think looking for an entry around the green buy box.
Comments
KaraYugen
Hey ur chart looking nice even last dump. Any updates ?
This_Guhy
@KaraYugen, My plan is to keep on buying dips without over-extending my day to day living. I have moved up the risk curve and looking at tokens in the 50-100 market cap range.
ThumbSkin
Simply WILL happen
SwallowPremium
Thank you so much, this does make a lot of sense!
More