Forming bull flag on the 4hr timeframe (ascending triangle). Most likely breakout to the upside coming very soon. Lets see what happens :)
This is not financial or trading advice! You trade on your own risk and based on your own trading plan.
Happy trading!
In this idea, the two higher propability moves are presented. Trade carefully bearing in mind the possible market manipulation. Once profit gained withdraw the earnings to you bank account and keep enjoying profits.
To be honest, this is my first attempt at anything like this. Most likely what I have posted here is any real revelation, but I am open to suggestions and tips for future ideas, posts etc.
Technical analysis:
. RIPPLE/EURO is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a...
Technical analysis:
. RIPPLE/EURO is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a...
Technical analysis
- Bulls in control?
- Bull trap?
- Bearish view
- Potential targets
Do not FOMO! Take your time, and find the right trade. Put your stop losses always.
This analysis is not to be concidered trading advice - you are responsible for making your own calls. Happy Trading!
''Cash in the air, yeah, what goes up gotta come down'' - Swae Lee,
XRP will drop -11% to its next resistance level of approx 0.36EUR in the next 48hrs i believe
STEP 1) Work overtime hours in my day job till October 31st
STEP 2) Take advantage of the low prices and stack up on that XRP
STEP 3) Hodl till we on the moon at EOY
STEP 4) Flex on everyone who ever...
Retracement to the 0.50 Fibonacci level (excluding wicks from the count).
RSI backtest from the breakout.
MACD ready to turn...
XRP is looking strong ... and my expectation is: IT WILL NOT LOOK BACK !!!
Retracement to the 0.50 Fibonacci level (excluding wicks from the count).
RSI backtest from the breakout.
MACD ready to turn...
XRP is looking strong ... and my expectation is: IT WILL NOT LOOK BACK !!!
After the price surge of over 100% within two days, i wonder where the price goes from here.
Due to the fact that the price rose so fast in such the short timeframe, i dont believe that XRP price will continue to rise.
I expect some sideways consolidation followed by a decline in price to a resistance level of approx 0.39EUR by next week.
(I hope so anyway, I dont...
Hello,
A lot of people on here call for lower prices for the XRPEUR pair. In my opinion, however, XRPEUR builds a textbook bullflag. Actually, within that bullflag, price already touched the 0.382 Fibonacci level, which is thought to be the normal (maximum) retracement of the second wave of a new Elliot waves Cicle.
Once XRPEUR breaks the triangle upwards,...
This is a possible outcome for a retracement to the 0.61 fibonacci level.
For those who missed the move they could place an order on 0.25 cts of EUR right on former resistance (now support) of the descending wedge.
I bought before, during, and at the end of the move. Will continue to accumulate at 0.25 cts.
We have a negative divergence on the RSI.
There is a strong probability that we are headed lower, back into the channel and thus towars the BUY ZONE !!
