XRP - The Trap Has Been Set

Analysis:

- Fibonacci Retracement
- Support & Resistance
- Order Block Flow
- Market Maker Method

Inflection Point: $1.25 (Point Of No Return)

Target 1: $1.49667

Target 2: $1.11964

Target: $0.64172

Opinion:

Despite the massive bull run up I do believe a 50% - 70% correction is inbound

My reason being is that this rise has no fundamental backing

The SEC case has not been resolved and XRP has not been re-listed on major exchanges

I do not believe the powers to be will reward retail traders

I attached my previous markup that I did before the rise

I will be looking to trade this move both ways with an emphasis on shorts

Comment:

Target 1 Completed :)

Comment:

Target 2 Completed :)

Comment:

Executed Long Position @ $1.05587 Stop Loss @ $1.0232 3% Risk

Comment:

Stop Loss Hit 3% Loss

Comment:

Little bummed I messed up my buy entry but that is okay!

This pullback is expected. Do not get excited as we will continue to head down :)

I will be looking for short and/or long trades when they setup according to my strategy

Comment:

Executed Long Entry @ $1.3532

Comment:

Closed Long Entry @ $1.567

Comment:

Expecting a SELL OFF incoming sometime this week! Do not get attached to the long FAKE pump

Comment:

XRP has trapped traders long...we may have another push up but we are primed for the sell off :)

Comment:

I bet everyone is yelling XRP to the moon? Sorry

I even expect there will be some "BAD" news in the next coming days :)

That will kickstart the correction cycle down and then we will finally have the prices I want!

Comment:

Im loving how XRP is respecting my markup :)

Down the maze we go!

Comment:

Just beautiful...Every time I press play :)

Comment:

XRP is getting ready to SELL OFF so do not get attached to those longs :)

Comment:

I told you not to get attached to XRP longs...

How did I know the major sell off was coming? :)

Comment:

Target 3 INBOUND

Comment:

PERFECTION

Sometimes I have to pat myself on the back sometimes

So many "gurus" online claiming they called XRP back under $1 uh huh

Check the DATE when i first did this chart...

If everyone remembers you couldn't tell someone XRP was going to drop...

God I love trading :)

Comment:

I am calling it RIGHT NOW

I will also be doing a follow up chart very soon

In the next 1-2 months XRP case will END and XRP will be RELISTED and then we will truly MOON :)

Comment:

Target 3 Inbound

Comment:

TARGET 3 COMPLETED

ALL targets hit next markup to follow!!!