crikz
Long

XRPUSD - Long opportunity

BITFINEX:XRPUSD   XRP / U.S. Dollar
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Hey guys , im checking xrp today and it seems like the bear market could have been over on that last push , i see a wedge forming on lower timeframes with good divergence.


I'm buying some with invalidation point at red line and see what comes up.
Cheers!
Comment:

We got a finished corretion , recommended to buy with sl below the low and target a new ATH
Cheers!
Comment:

Decision time if this is a correction or bull market.
If price reaches red line this is most likely a corrective wave and bear market goes on.
If price makes a new high from here without breaking the red line its likely that bull market has started.
Cheers
Comment: Bull market is confirmed , gonna buy more on the retracement.
Cheers!
Comment:

Adding margin long today for the last move , sl 0.408 or as tight stop 0.41
Cheers!
Comment:

Lower timeframe we have a wedge with nice divergence
Comment:

The move up has corrective sequence , i expect a drop below the last low to complete the correction and continue with uptrend after , cheers
Comment:

There is a good chance the correction is complete , trying to long after the pullback on lower timeframes with invalidation level at red line and target above .80 has decent odds.
Comment:

The leg up is corrective , expect another drop. Buy lower later
nice
Reply
crikz WoonhK
@WoonhK, thanks! Been good so far
Reply
WoonhK crikz
@crikz, what do you think of BTC
Reply
crikz WoonhK
@WoonhK, It has a complex structure , not really sure when its gonna breakout or if its gonna break the low slightly ... staying out of it for now until i get a clear pattern
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