strictly

XRP Options 1, 2, & 3

BITSTAMP:XRPUSD   XRP / U.S. Dollar
Everything hinges on price above $0.31 cents! Below that price, and it would be a casual drop to the backtest trend line . Above $0.31, and there are a couple of option areas that would serve as resistance.

I call this the shakeout, or false start, since it tends to catch some off guard!

Just a heads up! Again, $0.31 is the key (imo)!

Cheers!
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Comments

strong day

option 4 may need to be examined
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strictly GJMRealEstate
@GJMRealEstate, LOL! It is certainly possible!
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Thats pretty clear. Im going big into xrp for the next ride up but ive been waiting for it to pass 0.315. I hate missing out on a lot more profit by not buying in now or at 26 cents a few days ago but my gut just wont let me do it! Im going big on this one and it needs to have some pretty good confirmations. If it makes it to 5 dollars, buying at 31 or 32 cents wont be bad. Just safer. I just hope BTC doesnt push down the xrp run if it pops off right before BTC does a massive retracement.
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whereislucas whereislucas
@whereislucas, also looks like its forming a double top on the smaller timeframes doesnt it? but a massive inverse head and shoulders on the daily.
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strictly whereislucas
@whereislucas, Based upon RSI, I believe it has a much stronger chance of going higher from this point, but I feel strongly about a back test before going much, much higher! Cheers!
+1 Reply
strictly whereislucas
@whereislucas, Please view the updated idea for this chart. Hope it helps!
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We might test .23 again not sure but it's very likely .. but who knows!! finger crossed!
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strictly AnythingPossible
@AnythingPossible, You're right! We will see. Cheers!
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solid options.

I need to see .36 to add some more weight to my bags

patience squared
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strictly GJMRealEstate
@GJMRealEstate, Thanks G! Well put!
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