Now XRP is in strong buy area , but we have compression to this support which increases odds of its breaking down . Also we have local down trend which must be broken to look for buy points and of course this breakout must be with big volume.
Signs for up movement
1) Strong buy zone
2) Lows are getting higher
3) Must be breakout of local downtrend
4) Must be good...
Currently Pair has been in a small range
Long Breakout Trade
Entry on 15m Bullish Break-Hook-Go pattern @ .3128
1st Buy Take Profit @ .31725
2nd Buy Take profit @ .32025
Short Breakout Trade
Entry on 15m Bearish Break-Hook-Go pattern @ .3050
1st Sell Take Profit @ .29815
2nd Sell Take Profit @ .2930
Find appropriate SL
got a symmetrical triangle, inside a larger symmetrical triangle on the bearish side of things...on the bullish possibilities we have a inverted head and shoulder setup and the larger falling wedge pattern....probability in the immediate term suggest a breakdown as we are currently below the inside symmetrical triangle...however there i still time left for a...
xrp is really bullish staying above the resistance, which has been previously rejected by since november
if we also get a H4 close above the local formed triangle, i expect a move potentially to the higher levels determined in the chart
.....but its still highly depended on the btc activity so the idea is invalidated in case we got get a close below nearest support
Here we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the...
#XRP $XRP/USD #ripple - daily zoom out
Range .25 - .79 mean .46
resistance test at 35 to break trend line and confirm
VOL ATR - Short
RSI indicates momentum building
BTC PA sentiment uncertain
next test resistance test up ~ 35 and then .46
support at .28 and .25
Long term LONG idea
If my charts are helping, please consider using my binance...
Looks like XRP' is moving inside of a bullish wedge now, just like we did a month ago. During the weekend XRP' lost it's support of the bull flag in has been dropping since, but the drops have slowed down again. So it could be it has become a wedge because of it. Bitcoin' is also still on a sideways path, moving in a big bull flag now, but the low volume there is...
XRP is looking bullish but careful, just in the short term, long term the bears are still present. We might see a pump to the .60s region to dump again and reach new lows. I dont expect a 2017 bullrun until June/July or even 2020, good luck traders!