XRP/BTC BTRX 11/04/2017 LONG Inverse to BTC

This coin typically acts inverse to BTC. As BTC pullbacks after fork, XRP LONG

Can it get any cheaper?

Price Cycle Dates in 28's
Bull 77 days almost 3 cycles
BEAR 170 days almost 6 cycles
Things happening in 3's is a common theme for technical Analysis

Confluence Zone
- Apex of triangle
- Historical Support/Resistance
- Elliot Waves Complete
- Reversal Candle
- Big BULL volume trying to breakout

If the size of the pattern measures the size of the breakout then were gonna get PAID! Baby gets some new shoes.

Trade active

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Bought $0.20. Very short term might be able to get slightly better price. Life forces an early purchase.

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Boom!$!

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Hang in there- HODL.

Hard to watch your profits disappear and even worse return back into boring consolidation area. Especially, when you are already deciding how to blow your newly made profits. Successful trading requires controlling your emotions and making a logic decision based on the new situation.

"Unusually large volume often precedes a volatility expansion and high volume breaks of support and resistance from low volatility levels typically will lead to a meaningful trending environment." Technical Analysis Using Multiple Time Frames- Brian Shannon

simplified- this price move is an ALERT that a new trend coming soon (hopefully LONG)

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inside bars- ALERT
Hourly chart - 14 of them

one of the most consistent patterns- set trigger above and stop loss below

I am betting its going to break long- make a quick profit

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27 bars now :)
on hourly chart

longer it takes- bigger the move

looks like higher lows and BULLish sediment on Stock, RSI, MACD

Trade active

breakout and retest upper boundary line

Broke out on the 48th candle on hourly

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boring range bound is better than almost getting wicked ;)

Trade active

breakout - I'm back in

Trade closed: target reached

Book some profit- 15% off table

Now in position of strengthen- less nervous riding out minor consolidation

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