alanmasters
Long

Ripple (XRPZ18) LONG for 50% ROE (Signals, Target, Stop & More)

BITMEX:XRPZ18   None
I will do a LONG trade on Ripple (XRPZ18), low risk (tight stop loss), based on the following signals:


If you enjoyed this post, please hit LIKE.

Thanks a lot for reading.

Namaste.
Comment: Let me add some more to this analysis... This is only for learning and entertainment of course, the price can go either way and that's why we have a stop loss on every single trade... Let's get started.

XRPZ18 4H Analysis:

- After XRP hit its peak on the 20th November, it started to retrace.
- Retrace went as far down as to break below EMA200 (orange) but this was a fake breakout as the price moved back up quickly. Below EMA200 we have EMA300 which is the gray line.
- Now, volume is decreasing with bullish signals building up. EMA200 is the next support and we still have EMA300 above our stop loss.
- So looking at the uptrend, and the bullish signals mentioned before, we have the probability of the break going up.
- For this reason we open for LONG... and in case our trade goes bad, we have a very tight stop loss.

Namaste.
Trade active
Trade active: More positive.
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Related Ideas

Don’t listen him. He never make a good predictions
+4 Reply
alanmasters btctradernakamoto123
@btctradernakamoto123, So far so good... Thanks a lot for the support.

We are also making good profits with NAVBTC and soon UKGBTC.

Here is the chart:
+1 Reply
yeye go long my friend, wish you the best
Reply
alanmasters Vitality-TD
@Vitality-TD, Thanks.
Reply
At least ready your very own chart (if you can). Ripple is going down
+2 Reply
@LuisBF, When and at which price?
Reply
LuisBF alanmasters
@alanmasters, at least .000072
Reply
@LuisBF, Thanks.
Reply
@LuisBF, I also think 7200 sats will be a probable support level in upcoming weeks.
Reply
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