Good afternoon ladies and gents, This trade set up is still a medium risk but it is still in play for those that want to get into. The divergence isn't the strongest on the MacD but it is still there. Compared to other alt coins that got fucking destroyed. All of my trade set ups were destroyed in alt coins simply because of btc. It is extremely unfortunate, but that is why I am diversified into the stock market as well so I don't have to worry about bitcoin destroying opportunities. I think counter trading the current trend is not the best idea, btc did close a bullish pinbar candle with no divergence to be seen other than being severely oversold on the RSI 1 and 4 hour time frame reaching a 7 and possible 5 or 6 at some point. That is inverse parabolic and eventually btc and the alts will see a major retrace. The best entries are always are critical supports with or without patterns with strong cases of divergence on the 4 hour and daily time scale. As of now, this trade still stands if you want to take a shot at it. But I recommend going more so in stock trade set ups over crypto right now. At least my stocks have been performing well. It sucks giving TA on alt coins, because if btc fails, then I am left with 5 or 6 different failed trade set ups and I absolutely hate that. lmao! Regardless, back at the pcz of the bullish Gartley one of the most successful if not the most successful cypher/harmonic to play out. But we will see. If btc decides to reject its current prices ($7400-7500) then you know where xrp is going alongside the other alt coins.
But I give Xrp credit for being a fucking beast compared to other alt coins. It is the only trade set up to stand its ground for now.
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But I give Xrp credit for being a fucking beast compared to other alt coins. It is the only trade set up to stand its ground for now.
Join our Free Telegram Channel: t.me/ChArtWorks
We are a new community growing day by day in hopes to accomplish a trading premium group by December 1st of 2019.
Subscription prices are $99 a month, $499 for 6 months and $999 for a year. We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups along with education." Don't let the prices scare you, we give TA free too! But the most benefits are in the Elite Channel.
50% off all Contracts for Military Veterans and Active Duty Service Members, just provide your DD214 or Military ID for proof of Status. Discharge Type is completely confidential and does not need to be shared. I am a Marine Vet myself and I will not share any information regarding Military status with anyone else.
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Comment:
BULLISH CYPHER**** NOT THE GARTLEY
Trade closed: stop reached