GoatUser
Short

The Scalp, the drop, the bounce

BITSTAMP:XRPUSD   Ripple / U.S. Dollar
771 22 6
Intraday analysis of XRP market, shows some bearish signals. However the main trendline is not broken untill we get to 0.2. I expect a short up then the fall during the weekend
Trade closed: target reached
Comment:

This is too risky for me, so I will not join the following trade but very probably we should expect a final correction
Comment: the chart is probably still valid

Comment: Target 0.2 approaching

Trade active: 20% at 0.21
Trade active: Fractals

Comment: Good signal up
Comment:
Comment: Probably is now the turn for XRP parabolic pump
Comment: target 0.4
Trade closed: target reached
Appreciate the update @GoatUser - hope you converted in time!
Reply
GoatUser cyberholz
@cyberholz, yes! good time for crypto traders
Reply
Apologies if I'm the only one talking here... What good signal up? You're referring to the fractals?

You're going in 100% now?
Reply
GoatUser cyberholz
@cyberholz, no, too early
Reply
What do fractals mean in this context? Can you explain please? Thank you!
Reply
GoatUser cyberholz
@cyberholz, nothing very important and very hazardous, pattern similarities
Reply
cyberholz GoatUser
Thanks @GoatUser, what next entry are you aiming for?
Reply
GoatUser cyberholz
@cyberholz, the lower the better, I assume that the next legup will be before the end of the year
Reply
Given the strong Bitcoin, you stick to your XRP entry around $0.21?
Reply
GoatUser cyberholz
@cyberholz, that is the main trend line, but I will not do a 100% entry. I will entry then wait if it goes down again
+1 Reply
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