* first test of publishing an idea in Tradingview *
XRP chart patterns on a weekly basis. Simple chart with trend channels and support line.
XRP is approaching a critical moment.
I am going long and adding more XRP to my portfolio, anticipating a rebound to stay in the green ascending channels (see RSI & StochRSI); and eventually breaking the downtrend channel in...
How strong is this downtrend? Considering we keep making new low by the hour, it'd be tempted to sell. However, price has made a dramatic rise when price dropped below 0.00007500. It's now broken through another support at 0.00006700. It'll be interesting to see what price action does from now down to 0.000060.
Buyers have already started showing up around...
XRP might not be the most loved crypto, but there are some fundamentals that might be interesting.
longterm there is a massive h&s pattern that aims to two fib areas.
Idiea is selfexplaining.
target between 17500 to 19000
Ad we see a very long time range in forming that head and shoulders we probably see a comparable timerange to form the right shoulder to...
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XRP has held support very nicely, and looks like another leg up may happen soon. Volume profile shows significant resistance coming up, but the over all range resistance is a bit higher, so I am confident it should at least jump up to the resistance one more time before it completely dumps. As always, this entire set up depends on papa Bitcoin so trade carefully.
I didn’t want to spend time on analysis, but there are a lot of predictions for short, but I have a different opinion. Perhaps there will be some kind of manipulation in the market, but I think the targets will remain on this waves.
I wanted to make a short-term analysis of XRP and understood that it is better to work with other pairs in margin trading, as now XRP is in a very tricky position. Before a full-fledged wave of growth - any manipulations are possible. He should continue to do a short-hand correction, but will it be so? There are other trade pairs where the situation is more...
Everything you need to know is on the chart. This could be a breakout for XRP- or just another small leg up. Personally I am layering shorts from 110000 up : )
The TK went up to test the .218 and got rejected- I think the same will happen for price.
Whats up Guys,
Slightly confusing chart potentially. In short, Expecting XRP / BTC pair to fall.
Depending on the platform you are trading on, the entry and exit pricing can be signficantly different, so I tried to represent that in my post.
Ask me if you have any questions.
We will be setting this trade up as a SELL STOP Position with SL and TP per the...