Our take profit levels:
remember: we like to take profit gradually and now that the positions are in the money our stop loss is at entry so we risk only our profits!
XRP has stopped right on our calculated first support, a rebound is now possible but the possibility for the price to break down to the second or third levels is also valid.
We have been using a special strategy that we teach and are now closing some sell positions.
Contact us for more info.
Havign a chart is one thing, knowing how to trade it is a different matter.
XRP has stopped right on our calculated first support, a rebound is now possible but the possibility for the price to break down to the second or third levels is also valid.
We have been using a special strategy that we teach and are now closing some sell positions.
Contact us for more info
Its been looking like shit and it keeps looking like shit. I am in at $.56 but so many fucking ceilings to punch through. More like a 1:5 chance it goes up but most likely will end up taking a blood bath. If it walks like shit, if it looks like shit, if it smells like shit - must be a unicorn in a candy wrapper.
everything mostly in Graph. as you can see with VP, we are in a good demand Zone. we bounced 1 time on EMA50, 1 more time on EMA100.
i used H4 TF for more visibility.
3 options :
1. We break this descending Triangle now, we could have a resistance around 0.7$, we could push 0.85ish and max 1$
2. We don't break the triangle now, we could retrace to 0.55$...
Ripple is looking forward to a breakout to $1 as long as the price closes the day above the 50 SMA.
The breakout to $1 is likely to encounter delays around $0.7 to $0.75 (supply range).
Ripple is still trading above $0.6 after a motionless weekend session. The cross-border cryptocurrency appears to have settled for consolidation just like Bitcoin as discussed...
Our prognosis for Ripple remains positive :
We estimate that the price has 65% chance (2/3) to reach the resistance at 0.77 before it tests the support of 0.545 for the third time.
1. Support 4 at 0.25 has been untested, since the price flew on Nov 20- Nov 23rd.
2. Supports 2 and 3 have both been tested and checked.
Rejection at the 0.77 level on Nov 24th was...
RIPPLE - Intraday Update - 12/06/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
Breaking above $0.7941 is the next upside objective for the bulls.
Outlook: A fifth wave rally is in its early stages.
Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.
Hope it helps and good luck to all.
You all know how difficult trading is, well i will tell you something:
This might as well be the most volatile bitch asset around right now- trade with care, trade ripple with small amounts and buy the dips with no fear because that's the only way to make huge returns
Because if you ARE trading Ripple that's exactly what you...
I usually share these kind of analysis with my clients only but here you go guys:
For sure many of you have been buying or trading Ripple and i try my best to help by sharing my ideas with you, a little bit more intensively on Ripple nowadays.
On this chart you will find 3 levels that they all have a big chance to make the price jump back up.
I told you, ...
I usually share these kind of analysis with my clients only but here you go guys:
For sure many of you have been buying or trading Ripple and i try my best to help by sharing my ideas with you, a little bit more intensively on Ripple nowadays.
On this chart you will find 3 levels that they all have a big chance to make the price jump back up.
I told you, ...
Triangle is runnign out of space, price will need to get moving, most likely going NORTH
I am starting to Buy again and making sure i have enough margin i can sustain a drop to 52 and able to buy any dip.
Ready for action!
Unlike BTCUSD, which i am keeping, I am out of my Ripple trades (keeping 1 buy position form 6 that i have in total) for now.
The asset appears to be moving sideways in a channel that could equal go to 55 or 50 before it hits 68 and 75.
I prefer to focus on BTCUSD at this stage.
