In the last idea we discussed the correction of altcoins. They started much earlier than bitcoin and brought us a good profit. As we remember we took almost 7.5%! for a short position. In this idea, we consider intraday trading. We have before us a bullish triangle that I have seen since yesterday. I think he's ready. Targets on the chart. Stop loss can below the wave C
XRP is breaking out a bull flag that has been forming above the 200 EMA on the 4H chart. Targets lining up with the fibonacci targets are 0,85 cents, then after a possible retracement next leg back into 1 USD.
Ripple weekly chart is looking good. Price has bounced of 50 MA. Looking to enter long position in this area. Entry .67 Stop .49 Target 1 .99 Target 2 1.49 This is not financial advice. Comments, criticism, questions always appreciated. Cheers!
Hey Guys and Welcome, XRPUSD pullback over 60% of previous day price action, we are following „Mid“-term Trend with a good RR. Very bearish drop with last H1 Candle possible takeout of short-term buyers good stop Level. Long: 0.51527 Sl: 0.49156 (4,5%) Tp: 0.54455 (5,5%) Feel free to Comment and Discuss my Trades. Have a Great Week :) Alan
I will write an additional analysis on this chart.
Perfect entry setup for a buy on ripple. short term investors can trade this setup and take profits at the tp levels. Long term investors can buy now and hodl, for massive profits, as price wont come back to these levels again!
How is this bet a SMART BET? 1:20 ( RISK REWARD) with high propability. People have lost their brains in this mania, people bought bitcoin at $19,000 thinking it will give them great returns. That they will double/triple their money. What are the chances that bitcoin will go from let's say $20,000 to $ 40,000 and how long will it take? What are the chances of a...
The structure says that we will see a another upside impulsive move in BITSTAMP:XRPUSD . What do you Think ?
Not sure this is a huge channel or I stumbled onto something so perfect it just might work. After drawing a fib expansion and the retracement. I noticed the ripple market is actually in a huge ABCD pattern and we just finished A & B if all plays well we should hit $2.00 before March 1st see a slight pull back then head the $3.70 zone. This is such a weird find....
XRP made a high of $3.31 on Jan 4 2018 after which it sold off with price appearing to bottom on Feb 6 2018 at a price of $0.59. The downtrend line is marked on the chart to show the bear move between the prices mentioned above. A curve has been used on this chart as well to show the bottom action of price in Ripple (XRP). It appears to be a complex, inverted...
Xrp is stable in last couple of weeks, Looking at the trading range and the volumes it is clear that XRP has already passed the consolidation phase, We can still see XRP to be stable for next 1 week at max. I can see an bull run till 3 dollars, in the mean while XRP will stay range bound between 0.98 $ to 1.2 $, once XRP break 1.3 $ levels it will face next...
Weekly is still bearish and coming weeks will see XRP hit $0.4 area and then bounce back.
Interesting to look out is the volume cycle. Good Luck
Lets take a look together at the volume cycle and if we make some projection from all moving average its move together up if we get some fuel. anyway XRP were at Support level retracement .61 from all time high, and its were broke once before, if you decide to take a buy position now then put stop loss few point below support. Good Luck