Hi, welcome back. My update analysis today at ripple. I love to analyze this crypto, because i have a good support analysis at XRP, even better than my BTC or ETH analysis. so, lets ride the bullish wave at #XRP
This is 1 hour chart, and i will update this chart in every key level that I found, make sure you support this analysis to get a quick notification in every update.
You can see that we have symmetrical triangle here, and #xrp approaching resistance line. If we have a breakout, full body candle should above resistance to make sure its not a false breakout. and if we have that, we can set our bullish target at symmetrical triangle projection with 4% profit projection.
Happy trading, may profit be with you.
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Btw, in this post I will try to catch pump. I only use my pump analysis method at BTC and ETH, maybe my pump technical analysis work at ripple too. for money management at this analysis, I use $60 with martingale system. 1st opening position will be $30 use 100 leverage, so my buy volume is around 49XRP
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Candle already close above resistance at 0.6150 now depend on this close candle, if we have close above 0.6139, It confirmed that this channel broken.
Trade active
my first order : Leverage : 75 Volume : 3000 Buy long : 0.6142 Stoploss : 0.6131 Risk : $3.30 Initial margin $24.57 chart timeframe : 15 minutes
Trade active
if this plan success, take profit : 0.6384 profit : $72.60 risk : $3.30 profit percentage : 2200% PnL ratio : 22 wish me luck :))
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1 hour timeframe : we have close candle above resistance, that is good news for bullish we have 1 resistance at 0.6182, if my sloploss still not hit, i will close 30% of my position and add another 30% after pullback.
Trade active
1 hour timeframe, candle close with a good bullish If we look at money management that I use in this setup, I buy 3000XRP at 0.6142 Stoploss at 0.6131, with $3 risk if we reach 0.6182, I will close 1000XRP, with profit $4 and i still have 2000XRP run.
It mean, if ripple back to 0.6131 and my stoploss hit,.. there is no problemo because i already recover my loss before it happen with 1000XRP ($4-$3 = $1)
so this is zero risk high reward system :))
thanks for support this analysis, see u at target. I will update this analysis if i found a new key level Make sure you support this analysis, to get notification on every update.
Happy trading, bye.
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sadly my stoploss hit -_- so i will wait at to risk another $3 : at 0.6131 at 0.6111 and 0.6067
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next candle we will have a pump
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yup, 1 hour before i detect this little pump, and maybe it will break this resistance
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Another perfect analysis, with a perfect result.
Candle close with a good pump, Hope you all get a good profit, with $5 risk, my unclosed profit already reach $30
Not only at XRP, we also catch this pump at ETH Its already 4 A.M. at my local, time to sleep, see u all guys,
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morning all traders, last night, I already close 50% of my opening position with $15 profit. we still far from target, but I detect a correction wave.
Last night bullish run forming channel up pattern, and already touch resistance. we will have a correction to reachchannel up support or 0.6165 fibonacci support.
I will update more of this analysis if I have a good support/like at this post, because right now, I also focus at ETH pullback.
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another little pump
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nice run, we will reach our target shortly, ripple pump alone, while other big crypto still sleep from last night bullish run. is there any news? share at comment below.
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btw, my teaching schedulle are heavy tonight, maybe I will offline for more than 12 hours. If we reach triangle projection, and still have a strong bullish, our next target at fibonacci 1.618
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20 like/support analysis on xrp, 13 like/support analysis at Eth, 25 like/support analysis at BTC,... still far from my target, statically its bad. maybe I should reduce my time to providing analysis, and its time to retired ^_^ or post analysis one a week without any update. so this is my last update for this week,. see u next week. Bye
Trade closed: target reached
this analysis close, target reach and dump after position close.
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