XRP - History Repeating Itself... Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📔I find the OKX:XRPUSDT 4H chart interesting.
Previous post:
Do you notice a pattern here?
is XRP doing again?
🔄 If history will repeat itself, a break above the green zone around $2.7 is needed to signal the start of the next bullish movement.
🎯Once the setup is activated, $3 will be the short-term target, and then $5.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Case
XRP - History Repeating Itself...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📔I find the BINANCE:XRPUSDT 4H chart interesting.
Do you notice a pattern here?
Take a look at the first two red arrows.
📊Mid-November, XRP made a lower low (red arrows), got stuck within a range (green zone), and finally broke above the green zone to start its bullish impulse.
Currently, XRP seems to be forming a similar pattern.
🔄 If history repeats itself, a break above the green zone around $1.53 is needed to signal the start of the next bullish movement.
🎯Once the setup is activated, I will target the $2 mark!
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP - Shift in Momentum in Action!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 XRP has been overall bearish , trading within the flat falling wedge pattern in red.
Moreover, it is hovering within a massive weekly support zone $0.5 - $0.6.
🏹 For the bulls to take over from a long-term perspective, a break above the upper red trendline and $0.6 resistance level is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP - Wait For It 🏹Hello TradingView Family / Fellow Traders,
XRP has been overall bearish trading inside the falling channel in red.
However it is currently approaching the lower bound of the channel and a strong support at 0.54.
📈 As long as the support holds, we will be looking for short-term buy setups on lower timeframes.
🏹 For the bulls to take over from a medium-term perspective, we need a break above the last major high at 0.625.
📉 If the 0.54 support is broken downward, we will expect further bearish movement till the 0.5 support where we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
XRP - MarkUp Phase Started 📊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 After breaking above the 0.55 level mentioned in my previous idea, XRP exited the accumulation phase and entered the markup phase.
📈 For the bulls to maintain control , we need a break above the 0.7345 resistance highlighted in blue.
📉 Meanwhile, XRP could still face rejection at the resistance , which can be confirmed on lower timeframes. In this scenario, a correction towards the 0.55 support level would be anticipated.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
XRP - Wait For The Bulls 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
XRP has been overall bullish from a long-term perspective trading inside the rising wedge pattern and it is currently sitting around the lower bound / blue trendline.
Moreover, the zone 0.5 is a strong support and supply zone.
🏹 Hence, XRP is sitting around a strong area to look for buy setups as it is the intersection of the green supply and lower blue trendline.
on H4: Right Chart
XRP has been stuck inside a range.
For the bulls to take over short-term, we need a momentum candle close above the last minor high in red.
Meanwhile, until the bulls take over, XRP would be stuck inside a range while completing the inverse head and shoulders pattern before breaking the neckline.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
XRP - Clean and Clear 🎞Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for XRP.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
XRP - Long-Term View 🕝Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart) we were looking for medium-term buy setups as XRP was sitting around the 0.3 support zone.
The bulls already took over medium-term and now approaching the 0.6 resistance zone.
🏹 Long-Term: Left Chart
For the bulls to over from a long-term perspective, we need a weekly candle close above 0.6 which would be breaking both the last major high and upper brown trendline.
Meanwhile, 0.6 is acting as a resistance zone and the bears can take over for a bearish correction.
Which scenario do you think is more probable and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
When to Buy Real Estate Investing in 2023This video is my strategic analysis for when I will be looking to buy my next real estate investment property. I use the Cash-Shiller Index, CPI, and charting techniques of mean reversion to create indicators I will follow in the years ahead as real estate trends downward following the rise in mortgage rates and fall in home prices.
XRP - If Not Now, When? 🔎Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 XRP has been overall bearish trading inside the falling brown channel.
XRP is currently approaching a strong weekly support 0.25 - 0.30 so we will be looking for short-term buy setups.
📕 As per my trading style:
As we approach the green support, I will be zooming in to lower timeframes and look for any bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📊 For the bulls to over from a long-term perspective , we need a weekly candle close above 0.6 which would be breaking both the last major high and upper brown trendline.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Don-Key Finance after the XRP win and BTC halving My thoughts on Don-Key Finance after the possible 2023 XRP win and BTC 2024 halving. This is of course all speculative and not financial advice as everyone should do their own due diligence on any digital asset whether it is a DEFI or other type of platform asset. Defi is not going away and so far Don is still very much alive and already down a whopping 100%. Many would be terrified at these prices but these are the entry points that can offer the best crypto returns given the platform's success. The XRP outcome along with the Bitcoin halving could bring the Bull run we are all expecting within a certain time frame. The final date for summary judgment with Ripple is the end of March unless this is moved. The BTC halving should come on April 12th, 2024. Both of these dates could bring another level to the crypto markets that catapult many projects to new highs.
Xrp short term targets 2022 Bear I have a couple of xrp targets if we break through this descending triangle which is a bearish continuation pattern. I have targets ranging between $0.22 and $0.25. We still have negative overall market news on recession and inflation fears along with insolvent cefi platforms that are plaguing the crypto markets. We will most likely find a bottom in crypto during this bear in 2022. I am using the 4 hourly chart with the MA and EMA 200 and 210. We have great current news with the Xrp vs Sec court case but equity and crypto market factors will affect Xrp in short term then a settlemnt will eventually move Xrp into a bull run.
Ethereum Consolidates Near $2,800An immediate resistance on the upside is near the $2,800 level. The first major resistance is near the $2,830 level. Ether price must clear the $2,800 and $2,830 resistance levels to start another increase. In the stated case, the price may perhaps rise towards the $2,880 level. Any more gains might call for a move towards the main $3,000 resistance zone in the coming sessions.
BTCUSD Bullish CaseThere is a possibility for a triple bottom and potential reversal. Let's see how this plays out.
This is not forecast unlike my other charts, just an idea/possibility that has a realistic chance to come to fruition.
People called 4k when we hit 6k bottom and where I bought, people called for 4.8k at 6.45k where I bought, people called for 5k at 6.1k where I bought (few days ago, as seen from my post in other chart),
likewise I sold at the tops when people called for moon. So, I feel pretty confident and like to keep all possibilities open and I think 13k is realistic and will be met someday and this third time has the highest chance.
If it fails, then we can look at the gold chart how this will look like, which I highly doubt, since big money has not entered yet.