KryptoTradr
Long

Still Sucking on That Ripple

BITSTAMP:XRPUSD   XRP / U.S. Dollar
I've been waiting all day for XRP to break this continuational-accumulated flag pattern . Anyone else want some milk?
Dec 17
Trade active: Well, the original flag pattern didn't quite go as planned, but the price action appears to be favoring the previous structure support now:

https://www.tradingview.com/chart/5g60qK...

Still holding strong. Trade well my friends.
Dec 17
Trade active: This might be the last hope for the Bulls. The green support region is definitely the last line of defense or we may very well see the 55-50s range all over again.

https://www.tradingview.com/chart/5g60qK...
Dec 18
Trade active: Key level of resistance that we need to plow through!

Dec 18
Trade active: With the breakout I’m anticipating a nice inverted HnS continuation pattern; would love to see it at the 1.618:

Dec 18
Comment: However, those yellow and orange trendlines, respectively, are our next battles. If we surpass them, we’ll continue milking those Ripples!
Dec 18
Trade active: Here’s the front lines; stay vigilant!

Dec 18
Comment: Pen’d it; with just the tip though...

Dec 18
Comment: Now that’s full unadulterated penetration!

Dec 18
Trade active: Talk about a full bull rager... No contest!

Okay. Next up, these two levels of resistance. With the looks of it, just might plow through it relatively easily.

Dec 18
Comment: Now that the market is done with its 2PM (PST) nap and starting to crawl out of bed...

We’ve had a nice healthy pullback since; it’s tested the previous structure resistance and is reloading for another strike:


Trade well my friends.
Dec 18
Comment: Round two:

Dec 18
Trade active: Well... since they just let us walk right through; let’s focus on this chunk of resistance!

Dec 19
Comment: This here is an exhaustive retreat; retesting the minor support levels for recouperation and reinforcements:

Dec 19
Trade active: That was a tough battle, but unsuccessful. I’d like to see a full retrace back to the flag pattern’s major support level within the yellow ellipse; this will ensure us enough recouperation, strength, and momentum to tackle that major level of resistance above:

Dec 19
Comment: Hmm... maybe no need for a full retrace; the price action has stopped at our decent chunk of resistance and has formed a Double Bar reversal patterns with Close/Open of 0.715 respectively! Maybe we’ll be seeing the .80s again sooner than anticipated

Dec 19
Comment: LOL. No Kyrpt. No.

Either way, we’re back to previous Flag Pattern Support. Let’s see some Accumulation!

Dec 19
Comment: Looking like a Death’s Scythe pattern... could be devastating for Bulls fans:

Dec 20
Comment: Think we’re going to be okay! Back to the .80s!

Dec 20
Comment: Ahh yes, the accumulation and reversal was grand; back to the 80s!

Dec 20
Comment: Gogogogo!

Boom. See you all on the Moon.

Reply
Hmm... maybe no need for a full retrace; the price action has stopped at our decent chunk of resistance and has formed a Double Bar reversal patterns with Close/Open of 0.715 respectively! Maybe we’ll be seeing the .80s again sooner than anticipated!

Reply
KryptoTradr KryptoTradr
Please ignore this comment; meant to update trade and accidentally filled out the comment field.
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Welcome to the life of XRP trading. A lot of great things in-store with Ripple overall, so I'm playing that long game.
+1 Reply
Never forget to suck the ripples...
+1 Reply
it'll be soon.. with all that supply though it's hard to imagine a huge spike
+3 Reply
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