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Ripple (XRP) • Back into above higher support After the lawsuit saga and the massive short interest we got a massive shakeout. XRP is now back some significant levels which induct bullish bias. There is good chance we see another massive shakeout (and get stopped) but i think is worth to assign low-risk position size long trade in the eventuality we end up actually breaking out. The reason we do it before breakout it is because we can risk smaller with higher RR rather than catching up later with poorer entry and forcing into bigger position relative to the one that can be open earlier with less risk allocation.
BITSTAMP:XRPUSDLong
by D7R
4
XRP Making Moves Today Or Tomorrow The setup I've been pointing out is at hand. Lets see what is the outcome! Every time I want to sell this asset I am lambasted by the irony of this situation. Regardless of the SEC issue and the ensuing bloodbath XRP has endured we have been consolidating in a price range that was very crucial just before the 2017 pump. The SEC thing is far from over and could still go either way. Everyone who is saying it will certainly go one way or the other is cringe. Are you a fortune teller? Nobody knows is the reality. Not Financial Advice.
BITFINEX:XRPUSD
by MitchMilli
8
BTC correction update - Might go down a bitNot selling, but might be looking to rotate some coins that look to have no future into the grand daddy of crypto. Long BTC, buy on dips, and cut losses on garbage at this point. RSI looking like a decent correction has started, might not be too much, but hey, any decent dip is an opportunity. Will probably look to the evening or the weekend to do this. I can see a consolidation of the move up from below 20k on the horizon. Indeed, already down quite a bit since I started typing.
COINBASE:BTCUSDLong
by JJMa
XRPUSD long swing First of All. XRP is an absolute scam with strong scamamentals and it can go to zero VERY VERY quick. With that said Weekly TF showing signs of strength. We have underlying demand trendline now marking the initial structural weekly trend basis. Once we have more significant impulses might have to establish news basis to respect the significant change in amplitude. Bt as of now things are looking structurally good unless that demand basis is broken. Several high probability target ranges based on S/R are outlined.
BITSTAMP:XRPUSDLong
by D7R
2
GBPCHF - The return of the Pound?After several strong support levels being held on several GBP pairs, GBP/CHF is a perfect example of that. A strong support level being touched after the march lockdown, which was then later again retested and respected. Im looking at the positive channel movement on GBPCHF, and looking for a long term position also. TP1 is a point to move SL to breakeven as there is a big point of consolidation there, so I can imagine if it breaks that we will see continual movement. TP2 is the previous high on the 4H chart which I imagine will take about a week to hit if so. Remember to subscribe to my Youtube, Link on my profile. I will be broadcasting a £100 to £10,000 forex and commodities challenge with real funding! Trade safe people!!!
Long
by danielbtrading