Priceline of Ripple / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the pattern's move: After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg...
XRP/BTC XRP bearish descending triangle broke to the downside after key support failed. The price reaches the 0.786 Fib support and RSI reaches extreme oversold conditions. There are chances we could see a pullback to the upside but if bears will continue to bring the price down, target below is 2400 sats area.
Note : key resistance breakout --> wait for prices to bounce off key support (resistance become support) --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make...
I believe that we at the start of a beautiful short period for alt trading, basically any chart that is traded will has its impact, XRP hasn't touched monthly's MA5 for 6 months already, and September should be watched for monthly MAs (starting with MA5, which is from current buy point 48%). There are many reasons WHY now, long story short - BTC's dominance is...
XRP is one of the most hated coin around the space. After 2 years of down movement, we finally came to point which is worth looking. On higher timeframes we are at the trendline and trying to break it. Now things are getting interesting. A closer look at the 4h shows, that XRPBTC is currently building heavy support here. No matter what Bitcoin is doing, XRP...
Pairing looks solid with green horizontals and red representing stop: TP1 3386 TP2 3572 TP3 3586 Stop @ 2967 This is a second wave pending volume confirmations from the second XRPUSD publication in which I was referencing in my earlier publication earlier last week. This is a short-mid term entry. Highly volatile. Disclaimer Not...
XRPBTC has deceived many of us for the past months. This is the tightest consolidation found in the past year. The 1D MACD Histogram has been working up to switch to positive momentum. The Stochastic RSI has been coiling on the floor for days now. This looks interesting.
Anyone of ya'll hungry?
On this episode of "You should've been there...", C'ya later no-coiners.
NEVER WAS A MOON KID BUT THIS LOOK READY FAM ::NOT FINANCIAL ADVICE::
Fork showing trend. Broke the midline now going back to retest.
For this analysis, we go back to the basics. Patterns, volume, RSI and trend definition. What to look at here?: -Following a new high for volume and an exit from price compression, a reversion to the 50d mean occurred but was promptly cancelled by bulls. Since then, XRPBTC has trended, even though volume is slowly declining. Either way XRP may go, watch for a...
15-OCT-2019 XRPBTC Ripple - Long break out Long Entry at 0.00003486
XRP has grown close to 40% since it's Sept 23rd dump and is looking very bullish. The price action is sitting on strong resistance around .0000337. I will be looking to see if the bulls can push the price beyond the green resistance trend and hold above it. If so, we may have a bullish continuation to the upside. However, if the price gets push back down, this may...