TroyByrne
Long

XRP to hit new All Time High in coming weeks.

POLONIEX:XRPUSDT   XRP / Tether USD
G'Day Cobbers and lovely Shobbers,
I have a nice size bag of XRP, so I thought I would share with you how I think it will go in the coming month,
I rode this coin from 67cents to $2.8ish last time and then left it to sit and wait for it to find a bottom, I generally don't trade too many coins outside of BTC contracts as I have a terribly short patience when comes to trades and find holding them long-term difficult. So I have found my niche in scalping intraday. Anyway on to the trade, this one will have a long-term horizon, it should drop in the short term so I see a good buy in opportunity around .70 cents.

As you can see on the daily, we have broken out of a long-term falling wedge and have had the first pump, we should now correct a little, before taking a nice long run up to over $3(not in a straight line), We are about to see a multiple EMA crossover of the 50 100 20 EMA too.

Good Luck and Happy Trading,

G'day

Thanks for dropping by, hopefully you garner something valuable from my post, be it educational or an idea towards a trade of your own. Please share, like and comment and engage with me, I am here to help
Trader, Chart analyst and all round larrikin. Reside in NQ Australia, surrounded by Crocodiles, snakes & giant spiders, not to mention the boxing Kangaroos and devilish Drop bears. It makes my job quite hazardous but strewth mate, I love it.
Comment: Cloud was sitting right on top of the Candles before I published the chart, it has now adjusted. here it is anyway
Comment: Already starting to head to buy in zone
Comment:
Comment: There we go, it is fixed again
Comment: If we do penetrate the cloud, I will add positions, You will regularly see a full move through to the other side once a cloud is penetrated, good probability trade. No stops loss needed as I have buy orders set below for a better position.
Comment:
Comment: Some bearish Div on the Daily, may skim along the bottom of the cloud .
Comment: Chart didn't post. Trying again.
Comment: XRP bounced beautifully of the kijun-sen at 77 cents.
Well done @TroyByrne. Thank you for your contributions to the community and for the time you've spent chatting with me in particular. I'm reading Trading in the Zone right now :-)
+1 Reply
So we're in the cloud, but will take more time.
Reply
TroyByrne cyberholz
@cyberholz, This is a daily chart. we are looking a long term trades here.
Reply
@TroyByrne, Am in with you on these trades. But let's be careful on the way up good friend; the daily SMAs indicate there's still some rough sailing ahead.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out