Long

Short term buy opportunity at XRPBTC

Updated

The chart shows a BUY signal at 08AM, still good to enter.

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Levels 0,1 and 2 are bullish right now. Retrace on level 0 just ended, which signals a BUY signal on level 0 also. I expect a good upside. My exit point will be when the trend ends on level 2.

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Current movement (8AM) is a retrace on level 0. Actually it will give us shortly a buy signal on this level. This pattern in level 0 solidifies the uptrend in the higher level.

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This will be a longer trade. Hold on to your XRP. It's active on level 2.

In the meantime you can reload 10-20% on level 1. Right now is a good price level to do that. Sell 10-20% of your position and buy back when a new BUY signal happens.

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This could be a good time to rebuy some Ripple. It might give a BUY signal soon, after the current retrace.

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I think BTC is about to do some correction soon.

Good time to sell BTC and buy XRP.

XRP BUY signal not yet triggered.

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BTC about to show SELL signal.

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If you follow the advice earlier, this would be a good time to close the day trade (SELL some XRP). Notice we started to see some profit taking just after BTC broke out of the down channel.

Remember, the recommendation is to trade 10-20% of your position going back and forth from BTC, but HOLD your core XRP. The chart is looking good in the long term.

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Another run for XRP?

It's just shown a BUY signal at level 0.

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XRP quite bullish.
Just showed a BUY signal at two different levels (1 and 2). Price will go higher. Look at this closely to shave off some profits.

Trade closed manually

XRP lost momentum. I hope you have taken good profits at different levels.

I am closing this trade. XRP is a major coin if you are a long term investor, so keep some in your core position.

In the short term I would place a sell order around 14520 hoping for a retrace and rebuy on a lower price when the trend reverses.

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The retrace mentioned above just happened.

Wait for the current downtrend to finish and rebuy your position.

marcioevmiranda

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