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Ripple Head and ShouldersHello Friends! We're back to being bearish on ripple ( duh, shit-coins get what they deserve ) As we can see, a head and shoulders caused the prices to drop, and since Skippy, our algorithmic trader, were "asleep" at the time we missed our entry. BUT as we can see, target isn't reached yet, so we'll go out on a limb here and take a short trade :) Entry and stop loss is in the comments! Like and follow this idea so you don't miss our exit! We're up +15,000% this month. Don't believe me? see for yourself
BITFINEX:XRPUSDShort
by BitBotly
Dash -So much profitHello Friends! Your one and only boii BitBotly here with a small quicky on DASH. As we can see, there is a large bull flag that's on the verge of a breakout. This breakout will lead to a large increase in volatility and prices. Our Algorithmic trader, Skippy , has marked the bull flag on our chart today, and given a 83% chance of hitting target #1, and 74% chance of hitting target #2. These odds excite us, so we'll be on our toes, ready to trade until Dash shows us a breakout. Remember to like and follow this idea so you get a notification when I enter any trade, Don't miss out! I'm sure that you have seen BitBotlys Full Trading History before? If not, check it out! And as always, Happy Trading!
POLONIEX:DASHUSDLong
by BitBotly
3
Ripple -is that a Bull Flag in your pocket?Hello Friends! BitBotly here with a bullish (weird I know) analysis of Ripple. I have been bearish on the 1 hr time frame, but as I zoomed out, I reali<ed that Ripple is generating a big bull flag. If this instead is a BTB , we have had three bounces, which could mean more downside. Expect a lot of pressure building up through the triangle, with every bounce there is an equal and opposite reaction from sellers. We can see prices making lower highs and no change in the lows, which is a hallmark of any good Bull flag. Volatility and volume spike is a given. The direction is unclear, it all depends on the break out. As always, wait for confirmation. I'll update this idea once I enter any trade, so keep on your toes and make sure you follow me so you don't miss the entry. BitBotly's Full Trading History
BITFINEX:XRPUSDLong
by BitBotly
2
Ripple BTBHello Y'all! If you remember my last analysis I put a buz-zone on the chart, expecting a bounce. Since price action never showed strength in the buy zone, we avoided the long trade altogether. (Remember to always wait for confirmation) So what's going on right now with ripple? We can see that it is currently in a little consolidation zone, and price are starting to form a bear flag, and also a BTB (!) inside of the bearflag. We're in the third bounce now which is an indication that prices will drop. Wait for a break to the downside and then enter a short trade. Like and Follow this idea so you get notified when I short :) BitBotly's Full Trading History
BITFINEX:XRPUSDShort
by BitBotly
3
Ripple A bad Trade Turned into a Good oneHello Traders of all flavors! This Trade was taken yesterday, with a margin of 1,0:3,3 I was expecting prices to drop to the bottom of the wedge. I traced the stop loss into "green-pips" territory, and was extremely disappointed when price hit my stop. only 4,35% profit? That's not very much... I felt shitty about this trade, a lot of typical questions popped up in my head "If I only didn't move my stop loss" "If I just were more patient and didn't close so early" "It's still falling, I could have got so much more" These are all aspects of trading psychology. Today when I woke up and saw that prices had reverted and actually went waaaay beyond my initial stop loss, I had a lot of other thoughts popping up: "Thank god I took my profit when I could" "Never will I doubt my methods again" A trade I felt bad about turned into something I felt good and lucky about. The lesson here is to always have a trading plan. The market is dynamic and will not consider you special, the market will crush you every chance it gets. Stick to your plan or ride the rollercoaster of emotions into an empty account Thanks for reading! What's your worst memory of a trade that was caused by trading psychology? BitBotlys Full Trading History
BITFINEX:XRPUSDShort
by BitBotly
Another day another trade 21 AugHello Friends! BitBotly with a trade signal here! We're in a short trade currently (and you can be too!) Entry: 0.33201 Stop Loss: 0.34186 As far as targets go, we are going to watch the markets closely the next few hours and close the trade manually when we're in a nice profit. We will probably close this trade once the price action is at the bottom of the wedge IF IT REACTS to the support. If it breaks down, we're obviously going to stick to this trade until prices plummet to the next support level ( which also coincide with the Zig-Zag target ) However, if prices show no signs of weakness as they are crawling towards the end of the wedge, we'll also close our trade since high volatility and a possible breakout may occur at the end of the wedge You can find our full trading history here
BITFINEX:XRPUSDShort
by BitBotly
7
Ripple massive wedgeWaaazaaaap Everyone? BitBotly here with an update on Ripple, our favorite shitcoin Just wanted to remind you that we got 7,5% profit from the trade yesterday! Now, let's check out the 1-hour timeframe As we can see, a large wedge is forming. There haven't really been any bounces as one expects in a wedge, but never the less it might be a wedge. We'll keep an eye on the markets and notify you when we find a good trading opportunity, just like and comment this idea and you'll get a notification whenever we find a good trade for you! BitBotlys Full Trading History
BITFINEX:XRPUSD
by BitBotly
1
Waiting for RippleHey Y'all! BitBotly Here with some quick thoughts on the current state of ripple. As we can see, we have a bull flag and a falling wedge, both patterns are indicative of a breakout to the upside. The thing is, the bull flag has broken to the downside, which confuses the traditional point of view on bear flags. (they usually break to the upside) This could be a larger pattern forming, stay in cash until Ripple gives us a clear direction with an explosion in volume and volatility. Watch out for the big support line (black) and stay on your feet until Ripple has left the zone of big reactions (yellow) Like this idea so you don't miss out on our entry! BitBotly's full trading history Prev. Idea:
BITFINEX:XRPUSD
by BitBotly
13
Ripple Shows Signs of WeaknessHello Friends! BitBotly here with a simple analysis of the future for Ripple. But first, let's look back! As you can remember, our algorithm gave us a signal for a buy zone that we drew on the chart (18 aug 06.30) Since then price plummeted through all sorts of resistance without reacting causing many panic-sells, furthering the panic and drop in prices. We stuck through this panic (mostly since I was asleep). When I got up at (aug 18 20.45) I saw the new possible resistance, and the possible triple top (BTB anyone?) I got out of the trade after the price action reacted to the line and the price fell a bit. This trade gave us 11.5% profit due to the leveraged trading of Bitfinex (thanks Bitfinex for always tripling my profits) So, let's get back to the future! As we all can see, there is a possible BTB forming (this one have bounces against resistance instead of the typical support) We can also see slightly smaller highs are forming which is indicative of selling pressure from those levels and that those levels are coming down, building pressure. This, in turn, causes less volatility as the market-direction becomes unclear, we have higher lows but lower highs. We can also see that prices are currently interacting with the VWAP and is treating it like resistance which is another indication of more downside. One should never over-trade a market, so the best course of action right now is to wait patiently until another opportunity shows itself. We will probably see a lot of opportunities in the coming hours, due to the wedge, the pressure, and the BTB I'll update you whenever we got a new opportunity to trade, make sure you like this idea so you don't miss it! Check out our trading history Here's the old analysis:
BITFINEX:XRPUSD
by BitBotly
8
Ripple, Rising From The Dead (55% PROFIT)Hello Friends! You trading companion BitBotly here with a smoking-hot, never ever seen before, look behind the scenes! As you know, our algorithms provide free signals to all our beta-testers . During the last 24H, our algorithms has given our beta tester two signals. Let's check them out and try to interpret the algorithmic analysis! First and foremost, the first signal (18 aug 09.15) was given from our algorithm Skippy which actually provided some good reasons: 1. XRPUSD Overextended by 7.95% 2. Pullback required to continue to the upside After this signal, we and some of our beta-testers choose to follow through with the signal. When Ripple "mooned" and started to show weakness in the form of big bear candles and large negative volume(18 aug 22.45), we decided to get out of the market, to keep our profits large. We sent a message to all our beta-testers who were in the trade too, so they could close the trade. So with a margin of 1.0:3.3 (Bitfinex) Our algorithm gave us 55% profit in less than 16 hours Our capital grew even more and this is the most profitable trade (yet) coming from Skippy. You can find the full trading history here We're very pleased that this trade gave us 3241 $ in profit. Thanks Skippy! :) So, enough about the past, let's look at the future! Skippy gave us another signal this morning (aug 18 06.30) to buy in the buy zone. Why? 1. XRPUSD is falling towards MA 2. Expect bounce on MA and further upside As usual, we sent out Skippy's signal to our early beta-testers and put a limit order in the buy zone. We are currently filled, and in the market, with a Long that's currently looking good. There are also fundamental reasons why Ripple is rising, XRP CEO has announced they will focus on China, with such a large audience already in China. expect Ripple to rise from the dead. This has been your boy, BitBotly With the help of Skippy Follow us for more trading analysis! And as always, happy trading!
BITFINEX:XRPUSDLong
by BitBotly
2
EURUSD pattern of 15°Hello Traders! Welcome to a quick analysis of EURUSD 1H As we can see, a new pattern is emerging, before every breakout to the downside (last 3 times) we have seen a trend angle, that increases by 15° for every breakout. Right now, we're at 60°, the first was 30°, then 45°, and now 60°. So what can we expect? Probably another breakout to the downside and, possibly, a new trend angle of 75(!) degrees. We can also see that we are currently below the Moving Average, So it's not time to go long just yet, hold your capital! Happy Trading! -BitBotly
by BitBotly
Mini Bear Flag on BitcoinHello friends! Bitbotly here with another analysis of Bitcoin, our favorite shit-coin As we can see, Bitcoin broke out of support and fell a lot. Bouncing against support we can see a lot of nervous hands that starts to show, and with a smaller range, the pressure is building up which will lead to an increase in volatility. What we expect to see now is another fall, caused by the mini bear flag (marked in pink) breaking to the downside As always, we wait for confirmation before committing to any one trade But how far is Bitcoin going to fall?? Great question, we know from historical bear flags that they typically fall it's own height once the breakout is confirmed. we can expect to see a fall of at least a couple of percent, netting a good profit with margin trading and 100% capital @ risk I hope you have a great trading day! Follow us for more spot-on analysis
BITFINEX:BTCUSDShort
by BitBotly
4
BitBotly's BACK!Hello Friends! BitBotly is back again, TradingView mods can't control these dope analyses! Kidding aside, I was putting links to my website in my ideas, which led to our account being suspended for 24 hrs. But now I'm back with a quickie on the current state of Ripple, our favorite shit-coin As we can see, Ripple is currently facing off with a strong, historical support level, which is why we take a counter-trend trade here for 1% profit. 1% profit doesn't sound like much, but if you had 1% profit per day on 100$ you would be a millionaire by the end of the month with compounding profits. I hope you have a great trading week! Follow us for more on-point analysis
BITFINEX:XRPUSD
by BitBotly
2