Xrpsignals
$XRPUSD sees dbl bottom and parabolic upswing$XRPUSD is long overdue for a correction and we are seeing bullish divergence making an entry for a quick short position looking better with volume confirmation to follow. Trade set at neutral as it is too soon to tell for a long position could unfold. Time will tell.
Stop loss is present. Trade carefully. Will update with more info later.
Disclaimer
This is not financial advise nor should be regarded as such. Always invest carefully and make your own decisions with your own money. Have a great weekend.
$XRP.X Bullish Trade Idea Multiple higher lows suggesting price wants higher, measured bull flag = target .55.-60
XRPUSD Golden Cross on 1D. How did this trade in the past?XRPUSD has an uncanny ability to offer high accuracy trading signals on well recognized technical patterns. Such was the buy signal on the 0.618 Fibonacci Lower High sequence I identified on May 10th:
So what signal does it offer now? XRP made a Golden Cross recently on 1D. Technically this is considered to be a bullish sign and the start of an upcoming uptrend.
In the past however this has worked only once for Ripple and that was in March 2017 with a parabolic rise that signaled the start of the new bull market. In the other two occurances, the Golden cross failed to initiate a new bull run as the 1D MA50 was broken and infact a Death Cross took place later on.
So it becomes obvious that the current Golden Cross is a buy signal unless the 1D MA50 is crossed . If successful it can potentially aim at $3.50 before the next consolidation.
XRPBTC Ready for a big bullish break-outA symmetrical patten has been identified that historical leads to near all time high levels. 1W is on Higher Lows. The signal is bullish with TP = 0.000228.
