The market is going to provide trade opportunities based on two different types of signals. The price reached the main SMA200 and bounced from it. We have a local swing high, which can be used as a signal level in combination with a breakout. If the price break this point, it will be a signal for buying.
If the price continues the downward movement, it will be...
Many of us heard about shiny bright coin Ripple, this coin made some people rich, but the majority became holders.
After Ripple reached it's high's on January 2018, at 3 USD per coin roughly.... the downtrend began. It's was a pretty steep downside move, with many bumps along the road.
Happiness and pain accompanied this coin on its way, dreams and reality faced...
XRP / USD TA
Call it whatever you want but as of the time of me posting this, XRP is exerting all sings of a bullish pennant breakout - wether it will or won't validate is a totally different questions but we are looking good in short term, especially when comparing the September - November fractal from 2017 to today.
A subwave 2 of a Wave 3 has possibly finished. Use fib levels to forecast buy and sell targets. For example, based on EW, fib levels, and Wave 1’s length, a safe sell target should be at 2.236 level followed by buy target at 1.618 level after a retracement.
(Edited above to change “subwave 1’s length” to “Wave 1’s length”).
Check out my linked idea to see the...
1-3 month timeline, invalid below 0.18... 0.20 is the major pivot point in play right now, (6 AM Saturday 7/11/2020) - 0.19 the close floor & 0.21 the close ceiling (6 AM Saturday 7/11/2020) lets see if we can get some bullish pressure over the weekend in correlation with BTC
Ideally healthful script would be a break and hold above .20 and then a bullrun
Update on my current position that was brought exactly at 0.20. I currently have about 20,000 Units.
Thanks for viewing! Enjoy the Weekend and have an absolutely amazing day!
Please consider own DD and RM, this is not financial advice!
I’ve been watching this for quite some time. Fundamental analysis has been hit and miss because the Information provided from Ripple, in terms of utility, has been spotty and confirmation of clients utilizing the ODL hasn’t been cut and dry. With that being said, i think some of the near term driving factors are clearer than before. For blockchain companies to...
Ripple XRPUSD confirmed inverse head & should pattern which is one of the most important bullish reversal pattern. The inverse head & shoulder confirms that the low is done by XRPUSD and now approaching for new all time high.
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