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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 XRPUSD technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we...
BITSTAMP:XRPUSD : BUY
Thesis: Will banks be able to distribute relief funds?
Analysis Method: Fibonacci & Wave Theory
Wave Count: Minor Wave 3
Target Area: $.26-.$31
About XRP: ripple.com
XRP is an independent digital asset that is native to the XRP Ledger. With governance and fast transaction confirmations, XRP is said to be the most efficient settlement...
Hi Traders,
If you found this analysis informational or amusing, the greatest compliment you could give is to leave a like and a comment, alright, let's get right to it...
As you can see we've begun to correct yesterday's move. We have a bear flag setting up for a drop to the .185 level, there is also confluence with the trendline between the .786 and the...
We can see that price has been following our trend line in a bullish manor and we are expecting it to keep doing so as price has also broke above our blue line which has been used as strong support and resistance previously.
See how simple trading can actually be? Nice clean charts, No indicators just a simple trend line and support/resistance level. People try...
Hello Traders,
We have bearish divergence on the 1h chart. We may have hit the top but, I think we get one more shot at the .195 area.
Ready for a pull back to the .186 to .1845 area.
Likes take a moment to leave and are much appreciated,
This is not financial advice, do your own research and trade at your own risk.
Cheers!
Hi Traders,
I've inverted the scale to give a different perspective, in the chart, the inverted scale gives a very bullish flag pattern, we have volume calming down and are almost at the apex of the flag. It could go against us and the price could rise but this flag looks like we're in for a nice correction to the down side (up in chart). Two targets listed....
Hi Traders,
In the chart you will see we've bee printing bearish divergence and with the close of the 4h candle we just printed a HUGE Dragonfly Doji signaling further declines. I expect a retest of the channel at .1735 and if we sustain a break below the trendline, look out below!. Trade at your own risk, this is for entertainment purposes only and I am not a...
Hi Traders,
As you can see from the chart we have bearish divergence, I expect a drop soon. Hopefully you didn't buy into this rally. You can also see another rejection from the top of the resistance. I expect a retest of .12-.14 soon.
Leaving a like costs nothing but let's me know you got value from this idea and is much appreciated.
Stay safe out there,
Hi Traders,
Given all the negative global news about the beer virus, I don't believe we've seen the final selloff in crypto or the stock market. Let's be real here, crypto is a "RISK-ON" investment and right now, the world is "RISK-OFF". There has always been talk about a flush out that will end 99% of crypto assets and leave only viable projects in the end. ...
XRPUSD is currently on very interesting level.
Yesterday's dump dragged XRP towards 0.16700-600 levels, which is previous resistance and now support
of big consolidation box.
This level also holding supportive trendline, which is also very important.
If it breaks these levels down below, longs are invalid and i will not be looking for long opportunities...
Hi traders,
As you can see from the chart, XRP has topped out at the resistance line of .175 and is now retracing. I predict it will continue lower. The RSI is overbought and a tell was BTC was moving sideways while XRP was pumping. This was a nice stop hunt by the whales, hope you didn't get caught in it. I believe NOW, we can finally start to see some...
Good Morning Traders,
I've outlined a speculative take on price action moving forward. The daily and monthly indicators are going to move bullish soon so this will either play out soon OR may play out after we break to .19 and retrace back down (several days) but i'm leaning toward now, it's too soon to tell but, if "every gap" does indeed get filled you should...
In the chart we can see bear divergence on the RSI. We also have significant resistance at the December lows of .175 with two rejections at the top of the bear flag I discussed yesterday, all this while also experiencing declining volume looks pretty bearish to me. The more times it butt's into the .175 resistance the weaker the resistance becomes so it's...
RSI is Overbought on the 1h and was rejected at the top of the channel, I'm sitting tight right now but would turn bullish if the top of the channel is violated and holds as support.
This is not trading advice, trade at your own risk.
XRP has reached the top of the flag and rejected off resistance and is currently overbought on the RSI, I expect it to fall to the bottom of bear flag where it should break resistance, retest the flag and drop to double tap the previous low. Will it go further? Time will tell.
Obviously it would invalidate my short call should it break .16 AND HOLD on high...
Hello everybody!
-On a 4-hour time frame, we can see that the price is moving within the descending channel and we can see that the price is approaching near the resistance line of a descending channel.
-We can expect a breakout or rejection and then bearish movement!
-The price is not much volatile so we have a controlled movement.
-WHAT DO YOU THINK ABOUT...
