Ripple-btc
XRP: is there still a chance to BUY? Read the description!Ripple(XRP) is sill waiting for x100 PUMP but in this idea we are going to talk about technical analysis for 4h timeframe and additional chance to open the trade!
If you miss a chance to take a LONG, you need to wait for the better opportunity. There are pullbacks, false breakouts, liquidity collections or test of massive support zone.
At the moment the support is $0,69-0,71 value zone. There are global trendline and $0,7265 key level. These 3 instruments can stop price at this levels. Additionl whales indicator is a Volume. Volume should grow significantly after such massive liquidations.
The second scenario is false breakout of the local trendline. After this it have to be volume growth. This will be second chance to open a trade with good risk to reward (RR).
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Short XRPLooking at XRP on this four hour chart here does not make me feel to confident about the asset holding current price levels intact.
I am leaning towards XRP seeking support in the $.40-.50 region. As you can see when sold down to this region on December 3, 2021 it was bought back up strong before one four hour candle could finish.
Even thought it is a major crypto, it is not a favorite of the crypto currency gen. population. A fundamental breakdown in price seems obvious considering market conditions right now. Not only bears are calling BTC short of $30k...Bulls are licking their chops to scoop some up....
So if the sentiment for BTC, the crypto with the most fan-fare, is sub $30k and soon...then it is only logical to assume XRP will be a causality.
From a technical standpoint this is a very clear upward wedge short play. We've done them in the past (ie. AVAX, see links below), and there is no reason to shy away from a play just because it seems simple or obvious. Just KISS it.
*Keep It Simple Stupid* for the generation(s) younger than me (millennial) that are wondering what the heck KISS is.
Happy Trading,
CryptoSlayer
XRP still intact on the weekly?XRP weekly chart is acting like
most alt coins with HIDDEN BULLISH DIVERGENCE.
When the chart has a higher low and the RSI
has a lower low...most chart gurus are totally missing this
very important pattern...The fear meter is screaming buy to me
so take a look at the chart and make wise choices.
$BTC Possible Trend : (Bear or What ?) As you can see guys , the price is close to a very important resistance zone (The ranges from $ 38,160 to $ 39,670) , and if rejected from this level , we can expect the price to fall again to lower levels, the first bearish target is $ 34,000 and the next targets are $ 31,800 , $ 30,800 , respectively , and in case of breaking and losing these two important support zone , the next target will be $ 28,800 ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 26.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
XRPUSDT SETUPXRPUSDT price has dropped and reached a critical zone where a confluence zone of trendline support and harmonic pattern parameter. We are expecting the price will drop a little and bounced from a support zone. But if bears successfully break that trendline price will be dragged towards the next support. Good
Comic strip - Chaos & Carnage Over the last year, I have been making my Bitcoin trades public. I have been using the @TradingView charts to show the logic for each Bitcoin swing. I have used cartoon posts for the explanation of sometimes technical topics. All with the view of educating the community here on Tradingview.
I have traded for over 21 years now, covering all kinds of instruments, found out the hard ways - the strategies that work and the ones that did not!
In the last year, the education and logical posts have been posted here to grow awareness of how the emotional sentiment of the retail crowd is leveraged by the institutional players. All I had from each Bearish BTC call was - "it's not distribution, its accumulation" or "PlanB is not wrong" This only shows the strength of the sentiment & as a professional trader, it's useful when doing technical analysis to know the reasons why we are likely to go up or down. We all know the crowd is wrong 75%+ of the time.
The retail sentiment only want opinions that are in line with their own purchases and beliefs.
Sometimes, to win the war. It's the little battles that count.
I have spent this last year looking on at the market, like Batman assessing the situation.
In March 2021 I posted the rocket call showing exactly why we where doing what it should be.
I explained the logic as to why the drop was coming - seeing it being cut down by Wolverine;
This was covered in the logic behind Wyckoff DISTRIBUTION
From this move down, everyone was expecting a 100k plus rally - we had PlanB call for 92k in April, 98k November and 135k in December. And the crowd only cheered,
as Chaos surrounded the crypto market - Hulk was running wild!
Yes all of these are drawings!
The roadmap allowed us to remain calm as we had already anticipated the move up from the 2017 move, the extension levels up to 60k, the Wyckoff distribution in play and the extension down for the drop (as seen in the rocket move)
Just like Deadpool - calm and confident!
Retail crowd much like Groot had one thing to say "100k, 100k, 100k"
The levels had been pre set - check out the date
And up to test it, fake out and drop after using the level as strong resistance.
So whilst all the fake guru's where selling themselves as a crypto Ironman
With shinny indicators that made them look advanced.
The only logic that worked was to stick to the plan, hang around. Watching the chaos from afar, and getting ready to swing into action.
All of this can be seen here (click the link)
And all of the education covering the logic for calling these moves - was posted as a Christmas gift recently, all in one place!
Over the next couple of weeks, myself and @Paul_Varcoe will be posting and streaming here on Tradingview with the updates to the roadmap. Stay tuned!
Enjoy the weekend!!
THE END
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
XRP Range SupportI pulled a fib from the original ATH and the last pump to $2. We bounced off the .786 for the ATH. Last dump time we breached this box we bounce off the $2 purple .786. If we break .70c I bet we go to .50
I have attached my BTC chart where I think it is going to 33K. I want to believe like everyone Alt season will save XRP, but until the case if over I doubt we see that, unfortunately. XRP Volume on the larger timeframes isn't existent. I don't see that changing until a settlement. Hopefully March like some say. That could align with a BTC ETF approval. Until then hodl and accumulate.
I expect a re-testing of the $ 0.70 rangeOn a weekly timeframe, the trend is negative, and the roof and floor are being built lower. I expect a re-testing of the $ 0.70 range. If it tests this support, be sure to enter for the medium term. If it can break the range of $ 1 to $ 1.6, the upward trend will be, and you can re-enter.
XRP/USDTRipple started to push to the upside with other altcoins aggressively. Price broke the down resistance line and hit the major resistance zone of $1.05 - $1.1.
It is now taking a pullback of $0.85 - $0.88 is the expected level where the price can be reached. You can execute a trade with proper risk management at that level.
Ripple (XRPBTC) Moving Above EMA100 = New Bullish WaveToday Ripple (XRPBTC) is moving above EMA100 for the first time since September... This is a positive.
The down trendline from August has been broken and the MACD has entered the bullish zone.
A very strong RSI... Ripple vs Bitcoin is preparing for a strong price jump, based on this chart.
The 4-Dec. candle is also very telling with its long lower wick. It is a bullish candle and also marked on the chart.
Make sure to hit FOLLOW for more Altcoins charts and Bitcoin updates.
Namaste.
XRP Is Just Getting Warmed Up, Monthly Uptrend Still Intact!BOOMDespite this minor correction today everything still looks intact and XRP is about to go parabolic. My previous estimates were a little modest on my other chart. Don't believe these number, then look at the last run and the percentage gain and then get back to me. Some cryptos are going to make it a little late to the party they had to work to do, but they will will make it and more than likely will be the ones that stick around. XRP blow minds very soon! Thank you for checking out my charts, this is not financial advice just my opinion. Follow me for frequent updates and if you have a chart you would like me to give my opinion on then let me know.
XRPUSDT: triangle pattern broke to the upside, LONG OPPORTUNITY?XRP price today is $0.718515 USD , down 3.32% in the last 24 hours, with a 24-hour trading volume of $2,449,258,622 USD.
On daily chart we can see how the descending triangle pattern started forming in May just broke to the upside testing the first resistance level at $0.78, where it got rejected. Now a pullback retesting the previous support at ~$0.66 is expected, and this can be a good entry opportunity for long trading.
Following the triangle pattern , the aimed target should be $ 1.17, but personally I don't believe it would reach it in the short term, therefore I would set many "taking profits" at the previous resistance levels .
RSI on daily chart is decreasing and is now headed to test the previous resistance identified at 46.6 level This is the reason I believe price will suffer a pullback up to $ 0.66 level, before rising again, range which corresponds also the the EMA of Keltner channel (on daily chart ). If this will happen, this can be considered a confirmation for going long as historically, whenever price broken the upper level of the channel immediately a pushback happened to the EMA level before retesting the upper boundary.
MACD still looks bullish on daily time frame and Keltner channel is becoming thinner and thinner, a sign that volatility is decreasing. This usually happens before a big move to the upside.
TRADING POSITION: Long
ENTRY PRICE: < 0.66
TARGETS: 0.77 / 0.84 / 0.87 / 0.95 / 1.01 / 1.08
TARGETED PROFITS ARE HIGHLIGHTED IN THE GRAPH
STOP LOSS: $ 0.58
While on daily chart the price looks bullish , on 4h chart we can see how MACD is under the trendline, price therefore is under the EMA of the Keltner channel and is now decreasing headed to test the lower boundary of it, this corresponding to the spotted entry price. Therefore, 4h chart allows us to understand with more certainty that price will suffer a decrease before our long targets being reached. Moreover the lower boundary of the channel on 4h time frame corresponds to the EMA on daily time frame, a possible confirmation that price won't go under that level.
Let's see if XRP will perform as expected. For more ideas like these, please follow us on our social medias as well!
Ripple XRP to 1.06$ ?I am not an XRP investor as a result of the active lawsuit it has with the SEC, but I am not blind either. There is a clear pattern of accumulation in XRP since the end of May, after a correction of -74.4%.
We must add to this that the daily candles are showing us a cup and handle pattern, where its target is at approximately $ 1.06 which represents 38.20% fibo of the corrective trend.
XRP BULLISH LONG!! PERFECT RETEST OFF BREAKOUT!! BOTTOMS INBE GREEDY WHEN OTHERS ARE FEARFUL! THIS IS WHAT I SEE FOR XRP IN THE COMING DAYS. NOT FINANCIAL ADVISE. This is what I see happening for the next few days. I didn’t think we would drop this low but now we see a clearer picture of what’s going on. Not financial advise. Let’s go.
XRP MADE A BREAKOUT ON THE DESCENDING BROADENING WEDGE PATTERN!!Based on the 4H Timeframe, we could see that XRP now is breaking the Descending Broadening Wedge Pattern.
After it breaks, it testing the EMA and now hold above the EMA 21 & 34.
Even now XRP already playing above the EMA 55.
The question is, when the testing phase comes, could XRP hold above the EMA 55 and continue it's upward momentum?