Cup & Handle Pattern playing out, let's see if we will finally break out.
Drop a like and follow if you like the idea, if you disagree please let me know why in the comments.
Thanks and have a nice trading everybody.
Evrything's described in chart, we should pay attention to the volume that would carry the triangle breakout.
I think that we should have volume since we are in an accumulation zone.
Scenario declined if we break the 0.27 level, in this case you should wait for the pullback to 0.29 that will act a resistance and short until 0.25.
Have a nice trading.
Is it time for XRP to take revenge on BTC?
The bruise point where we will probably reverse is somewhere around the yellow circle.
Don't buy your xrp usd until we test it, you will probably lose 30 % of the trade but you will play it safely.
Risophile players can enter now with a target around
Good luck everyone and please do not hesitate to...
Long position opened
Expecting a pull back to the nearest moving average
Short term trade with 1st target 0,34 and 2nd target 0,36
0,36 is a very sensitive area now that we can pass or not, depending on the volume of the pullback.
Please leave your comments, what scenario are you expecting to happen?
I am expecting the scenario 2 to happen...
Long position opened.
*Our last resistances described in the chart with the red lines 1,2 are our new support n3.
*Correction from 0,51 is made with a flat triangle
*Target around 0,5
Worst scenario would be to break the support to 0,36, I honestly don't see any buy zone around 0,34 but directly around 0,3 as the volume is here.
If the support is...
The chart says it all, xrp/usd trying to do a reversal via H&S Pattern, if the Neck line is broken we can see xrp heading to 0,09 usd, good luck and be careful.
Im neutral for the moment, for my long positions SL updated to 0,24 usd, please share your thoughts
Baby XRP gimme my million.
We have reached the timeframe where bulls took place around March 2017, we can see meanwhile that xrp is marking its bottom and momentum, everything's in place to see a huge rise, according to historical data, let see how this gonna play.
Stay cautious, stay pozitive.
XRP taking obviously advantage on BTC, probably that this will continue, XRP will see its dominance increasing in the Crypto market, but not sure if it will affect significantly the value of the pair XRPUSD, let's follow this closely.
What do you think? please share your comments and thoughts.
I am sharing this post just to know where are you top profits for this cute nice wave ^^
Please share your ideas as well as the SL TP you set up.
Mine is around 0.95 for 1500 xrp and 1.25 for 1500 another xrp, the remaining ones are without any TP.
Thank you guys and have a nice trading.