A clean roadmap with some fibs and ABCD moves
If we get a bullish BAT it will show after leg C to D @ .1996 price zone
If we get a bearish shark and have a swing to .42 cents I will be looking for...
1. a bullish ranging flag for a continued buy that can go as far down as 61.8% on the hourly. This would pull price back to .28 or .29 cents zone
ideally the community wishes to see a .53 - .55 cent rise by EOY..anything is possible...but we also have sellers putting pressure to .15 cents zone.
Are you a buyer or seller in the short term? Do you think this is a symmetrical reversal zone? Or a leg C for 1 another move down to .19 cents trapping these buyers at .28/.29????
Overall this is a clean chart for all xrp traders.
There is no buy or sell setup at this price. If you're holding from .22 / .24 then take some profit off the table now if you are day trading. Set for breakeven.
Rebuy at .1996 and repeat if we dip to a steep d2 bottom. Which is the flatline zone and s1 since XRP/USD was paired.
So we have an idea now that...
1. XRP is most likely worth a minimum of .15 cents
2. Many supporters hold value at .25 currently
3. we have at least 3 banks using xRapid on a constant basis and Ripple has +250 signed agreements to use their RippleNet product and be able to tap into the inter-ledger system and use xrp for liquidity *if need be or for future needed services*
4. We are looking for May 11th - 19th BULL RUN to the universal #42 cents.. ;)
5. Swell is Nov 07-08 2019 and last year had a hype effect and sell off after the conference.
6. We could repeat 2018 swell hype
7. Bull fib angled at 43 degrees which tells us that bears are 57 degrees strong but bulls have "doubled" in momentum strength from a 19 degree angle to 43.
8. IMF launches their system Summer of next year which will be huge for the RippleNet ILP cashflow.
9. We have made a NEW HIGH and a NEW LOW ...I feel many of the banks who are currently with contracted agreements got their 75% discount on their escrow. Now they can literally x4 their xrp to 1.00 and not only triple their escrow holding but have a level playing field of debt with the federal Govt agencies of our nations.
10. There are 3 directions we can range probabilities from and RR.
I have marked where I would buy and sell and take profit with the eyes.
Red eye - sell pressure zone
Orange eye - caution zone observe or TP or enter on a 61fib pullback
Blue eye - buy pressure zone
Please comment and like and support as much as you can! As always trade safe, manage risk, participate in many digital assets, support BTC and XRP ^_^
Peace. love. Trade
If we get a bullish BAT it will show after leg C to D @ .1996 price zone
If we get a bearish shark and have a swing to .42 cents I will be looking for...
1. a bullish ranging flag for a continued buy that can go as far down as 61.8% on the hourly. This would pull price back to .28 or .29 cents zone
ideally the community wishes to see a .53 - .55 cent rise by EOY..anything is possible...but we also have sellers putting pressure to .15 cents zone.
Are you a buyer or seller in the short term? Do you think this is a symmetrical reversal zone? Or a leg C for 1 another move down to .19 cents trapping these buyers at .28/.29????
Overall this is a clean chart for all xrp traders.
There is no buy or sell setup at this price. If you're holding from .22 / .24 then take some profit off the table now if you are day trading. Set for breakeven.
Rebuy at .1996 and repeat if we dip to a steep d2 bottom. Which is the flatline zone and s1 since XRP/USD was paired.
So we have an idea now that...
1. XRP is most likely worth a minimum of .15 cents
2. Many supporters hold value at .25 currently
3. we have at least 3 banks using xRapid on a constant basis and Ripple has +250 signed agreements to use their RippleNet product and be able to tap into the inter-ledger system and use xrp for liquidity *if need be or for future needed services*
4. We are looking for May 11th - 19th BULL RUN to the universal #42 cents.. ;)
5. Swell is Nov 07-08 2019 and last year had a hype effect and sell off after the conference.
6. We could repeat 2018 swell hype
7. Bull fib angled at 43 degrees which tells us that bears are 57 degrees strong but bulls have "doubled" in momentum strength from a 19 degree angle to 43.
8. IMF launches their system Summer of next year which will be huge for the RippleNet ILP cashflow.
9. We have made a NEW HIGH and a NEW LOW ...I feel many of the banks who are currently with contracted agreements got their 75% discount on their escrow. Now they can literally x4 their xrp to 1.00 and not only triple their escrow holding but have a level playing field of debt with the federal Govt agencies of our nations.
10. There are 3 directions we can range probabilities from and RR.
I have marked where I would buy and sell and take profit with the eyes.
Red eye - sell pressure zone
Orange eye - caution zone observe or TP or enter on a 61fib pullback
Blue eye - buy pressure zone
Please comment and like and support as much as you can! As always trade safe, manage risk, participate in many digital assets, support BTC and XRP ^_^
Peace. love. Trade
Comment:
price hit orange eye zone. popped back up. Ultimately still going lower.
