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Long

Ripple (XRPM19) Getting Ready To Move (173% ROE on 8X)

By AlanSantana
Updated
We are looking at a trade setup for Ripple (XRPM19) on BitMEX. Let's get straight to the signals:

  • We have a double bottom and multiple signals pointing to a breakout to the upside.
  • We have a bullish falling wedge.
  • We know XRPM19 to be bullish because it completed its retrace before reaching 0.786 Fib. retracement of the last bullish wave.


So if there isn't another drop, Ripple can move up from here.

We are looking at a trade set up with 8X leverage and up to 173% ROE potential.

Make sure to hit like if you would like to see the full trade details (buy-in, targets, stop-loss, and additional information).

Our previous trade for XRPM19 generated 107% ROE after hitting three targets. This is now the retrace and a new move will happen soon... You can find our previous trade idea here:
Ripple (XRPM19) Strong Bounce, More To Come (145.5% ROE)


Thanks a lot for reading.

  • This is not financial advice.
  • All the information shared here is for learning and educational purposes only.
  • Leveraged trading is only for experienced/advanced traders.
  • Leveraged trading is ultra-high risk and not intended for beginners. If you can't take a loss, this is not meant for you. Trades can be good as they can be bad.
  • Thanks for the continued support.


Namaste.
Note
BITCOIN Starts moving again...
See here:
Bitcoin Volume Going Lower, Breakout Next?


Bitcoin Will Disappoint Many People... But Why?

Here:
Bitcoin Will Disappoint Many People... But Why?
Note
Bitcoin Continues Going Higher & Higher ($11,660 Next?)
Bitcoin Continues Going Higher & Higher ($11,660 Next?)
Note
I will share the trade at 200 likes. (173% ROE Potential total)
Note
Ripple is moving again... Here is the trade... Make sure to show your support next time we share it sooner:

-------------
Trade: LONG XRPM19

Leverage: 8X

Buy-in: 0.00004600 - 0.00004860

Time frame: 4H

Targets:

(1) 0.00005140 -Reached (+47.76% ROE)
(2) 0.00005450 -Next target.
(3) 0.00005670
(4) 0.00005900

Stop-loss: Close 4H candle below 0.00004600

Liq. price: 0.00004365
(Buy-in calculated at 0.00004850)

Potential profits: 173.12% ROE

Capital allocation: 8%.
Note
Targets:

(1) 0.00005140 -Reached (+47.76% ROE)
(2) 0.00005450 -Reached @0.00005434 (+96.32% ROE)
(3) 0.00005670 -Next target.
(4) 0.00005900
Note
Always secure profits each time we hit our targets.
alanmastersBeyond Technical AnalysisbinancebitfinexbitmexbittrexTechnical IndicatorsrippleTrend AnalysisxrpXRPBTCXRPM19
AlanSantana
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