XRP - Ripple Flag Continuation, at least 52% Short Profit.
Hey everyone!
Another idea, hope you like it!
I spotted another Flag Continuation and tried to make it as simple as possible.
"The flag stock chart pattern forms through a rectangle. The rectangle develops from two trendlines which form the support and resistance until the price breaks out. The flag will have sloping trendlines, and the slope should move in the opposite direction to the original price movement. Once the price breaks through either the support or resistance lines, this creates the buy or sell signal."
Buy - right now is a good entry level (1.85)
Target - at least 2.7
No stop loss because it wont fall, ripple is very strong.
The arrow is at bad angle, it will be at 2.7 faster, my mistake!
Also the chart is not very refined because while I was doing this graph, it already went highly up so tried to make as fast as I could so you could have higher profit!
If you agree or dissagree comment bellow!
INVEST ONLY MONEY THAT YOU CAN AFFORD TO LOSE! I do not own magic Crypto ball that tells me where to Crypto will head! (fAt least not now)
If it gets a little attention I will update!
Thanks!
Another idea, hope you like it!
I spotted another Flag Continuation and tried to make it as simple as possible.
"The flag stock chart pattern forms through a rectangle. The rectangle develops from two trendlines which form the support and resistance until the price breaks out. The flag will have sloping trendlines, and the slope should move in the opposite direction to the original price movement. Once the price breaks through either the support or resistance lines, this creates the buy or sell signal."
Buy - right now is a good entry level (1.85)
Target - at least 2.7
No stop loss because it wont fall, ripple is very strong.
The arrow is at bad angle, it will be at 2.7 faster, my mistake!
Also the chart is not very refined because while I was doing this graph, it already went highly up so tried to make as fast as I could so you could have higher profit!
If you agree or dissagree comment bellow!
INVEST ONLY MONEY THAT YOU CAN AFFORD TO LOSE! I do not own magic Crypto ball that tells me where to Crypto will head! (fAt least not now)
If it gets a little attention I will update!
Thanks!
Comment:
We are on the way to the to moon! Hopefully you have bought enough.
Trade closed: target reached