Hello traders , today as you can see we had a weekly close above a long term trend line. This trend line was formed in April 2018, it is very significant. As you can tell it has been respected many times the past year and a half. The main resistances are at .33 and .52. both weekly levels, my thoughts are that once .33 is broken and the price closes above it we...
Hello, Traders!
Monfex is at your service and today we overview XRP/BTC .
Perhaps we have just met a double bottom and this is the reversal point of the uptrend. In this case, we can take the target near 0.00003000.
It supports with a bearish div on RSI .
The main thing is not to catch a false breakout, so it's worth to wait for a breakout with...
wave 2 is done!
We a touch range to the 0.618 fibonacci level of the entire rise from Wave 1
The best time to buy is now!
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION.
Yesterday while the vast majority of people are terrified about the crash losing important support, we are happy to see our LONG order hit...
Hello traders.
On my previous idea I expected a usual ABZ Zigzag top at 0.618 retracement. We got as high as 0.786 / ABC is still valid here folks.
Measured move would take us to $0.197.. My target is $0.193. Keep in mind that high volatility in those regions might hit lower levels in different exchanges. *Although I do not see it going lower than $0.176 for...
A clean roadmap with some fibs and ABCD moves
If we get a bullish BAT it will show after leg C to D @ .1996 price zone
If we get a bearish shark and have a swing to .42 cents I will be looking for...
1. a bullish ranging flag for a continued buy that can go as far down as 61.8% on the hourly. This would pull price back to .28 or .29 cents zone
ideally the...
Priceline of XRP / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.25810 to 0.24527
Sell between: 0.26821 to 0.29247
Regards,
Atif Akbar (moon333)
Priceline of XRP / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.28897 to 0.28467
Sell between: 0.29235 to 0.30048
Regards,
Atif Akbar (moon333)
Hello to all watching my charts.
Now we check XRPUSD Theter which has been in an very impressive
move since Oktober.
Jumped above 3 Resistence Lines which is really really strong.
I do think the picture explains all.
The target should be the last high at 0.32 which i would be
little bit cautious and say 0.3180 is enough...
Hope you are in.
Good trades
Renkotrade
Hi, dear Traders!
Monfex is at your service and today we overview XRP/USD .
Ripple in the ascending channel, formed an ascending triangle whose target is the resistance zone and the upper line of the channel, but this is 55% probability.
45% is a breakdown of the channel’s support lines and further correction, in support of this idea there is a big bearish...
XRP/USD has slightly broken the upward channel already and turned into a horizontal Equilibrium:
Should the bulls manage to a get a bounce going on from here (depending on the BTC bulls), we can further tighten in this EQ zone.
If we loose 28,5 Cents to the downside, this can lead to a bigger bear break.
Runar is currently still green on the 1H on Bitfinex,...
XRPUSD expected to rise up to 1st resistance at 0.35728 where it could potentially react off and drop down to 1st support at 0.22802.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
