Here is our new Ripple (XRPM19) full trade.
Wishing that you enjoy it and collect great profits.
Remember to hit like and show us some love and support.
For experienced/advanced traders only.
Trade: LONG XRPM19
Buy-in: 0.00004950 - 0.00005090
Time frame: 1D
We are looking at a trade setup for Ripple (XRPM19) on BitMEX. Let's get straight to the signals:
We have a double bottom and multiple signals pointing to a breakout to the upside.
We have a bullish falling wedge.
We know XRPM19 to be bullish because it completed its retrace before reaching 0.786 Fib. retracement of the last bullish wave.
So if there isn't...
Ripple (XRPM19) just had a very strong bounce after hitting a low point on the 13 May. This wave treated us nice with great profits as we bought around 0.00004400, we believe that there will be more.
Ripple (XRPBTC) is almost always moving down when Bitcoin (BTCUSD) is moving up, but now we are seeing both Bitcoin and Ripple moving up simultaneously, another...
As I said in the last tweet I bought some $xrp at 4660sat
HTF- Last demand area before a lot of nothing, bulls won't break too easily
LTF - Base of trading range reclaimed after small deviation, bullish
1° FTA top of the trading range +16% 5R
2° HTF supply area +110% 35R
Watching for a cross back up over 30 RSI
Small SL due to Binance FUD and BTC level.
In the past it has moved quickly upwards over a few days at this level.
It may also bounce back down from the 30 flipping SR.