bearish pennant target as well as overall .786 fib level... we will see, trade safely :)
Bitcoin reacting from resistance and breaking the triangle.
Ripple dealt with massive bearish calls last week amid the drop from levels slightly above $1. Many analysts believed that the cross-border money transfer token headed for a significant dive to the support in May at $0.65 and perhaps extend the down leg to $0.5. However, XRP eagerly embraced support at $0.8, allowing bulls to push the price to higher levels....
Looking to take a Short if price should move as drawn with the blue arrow: - Price moves above the blue line - Price drops again under it where i plan to take on a retest to short - Nice confluence with Fib Levels aswell Weekly open Dont forget: - Watch your Risk management - DYOR (Do-Your-Own-Research) - This information / article is only for educational...
Current plans: Scenario 1: Long (blue arrow) 1. Falling under 50% of the Range 2. Reclaiming the 50% level 3. Buy on a retest of it. Target: Top of the range Scenario 2. Short (yellow arrow) 1. Price falling under 50% level 2. Generating Lower Swing 3. Rebuy on the level after breakdown Target: Bottom of the range I posted the last days two other ideas to XRP...
XRP Bearish Looks like it will slowly dive to bounce off bottom of daily trend channel
Hi, Please follow the previous linked idea to know about XRP short and long term movement
Looks like it will be slicing through Sup and resistance! Might be looking at a dead cat bounce first before heading to retest .85 Zone! - Broke trend downward - MacD is going into red on the hourly - Under Ichi
Looks like we will be hitting .93 -.94 might slice right through to .85 zone. 4hr MacD Bearish on down trend
Even my 4 year old daughter could figure what happens next on this chart. A BIG RED CANDLE enters and destroys everyone short positions. People shorting XRP is at an ATH!!!! CRAZY if you ask me! Yes we had a "healthy" and scary "CORRECTION but we have V bottomed perfectly on the FIB retracement level. Have people have lost faith in XRP and are shorting it to...
200 weekly MA is line in the sand. follow it for good trades. watch & see
XRP will take off huge if they win against SEC.
2 weeks ago, we have BTC passing its red zone. There is still no sign of BTC dropping again. In the past few days, BTC and Alts are making upward movement, and let's enjoy the Crypto's Spring. I notice XRP is about to pass its red zone. The rule still the same as the BTC/USD red zone. If it can pass above 0.36ish, is safe.
Hello people, if you like the idea please let your cursor have a safe trip to the like button.
Hello trenders, For the bravest here we have high risk setup with tight SL. Even though XRP kicks spikes to close your position if you know how to read candles you will be fine. Volume sucks, if trend changes will be welcome for Hodlers :D Good luck. MMM (Make Motherf.ckin Money) Invest your money wisely, be patient.
A potential short position on XRP. At the completion of the C to D leg at 1.75 we can see a short drop down to the 1.44 to 1.24 levels. Targets are set and the 38.2 and 61.8 Fib levels. Stops placed above the X leg at 1.85