Ripple-eur
There is a possibility for the beginning of an uptrend in XRPEURTechnical analysis:
. Ripple/Euro is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.33000 to 0.28400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.33000)
Ending of entry zone (0.00013250)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.42000
TP2= @ 0.50240
TP3= @ 0.62700
TP4= @ 0.75600
TP5= @ 0.95900
TP6= @ 1.09000
TP7= @ 1.35700
TP8= Free
There is a trading opportunity to buy in XRPEURTechnical analysis:
. Ripple/Euro is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.32500 to 0.25000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.32500)
Ending of entry zone (0.25000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.40790
TP2= @ 0.50240
TP3= @ 0.62700
TP4= @ 0.75600
TP5= @ 0.95900
TP6= @ 1.09000
TP7= @ 1.35700
TP8= Free
Rejected on a New 1W Lower High, RIPPLE / U.S. DOLLAR XRPUSDXRPUSD broke the previous Channel Down on 1D on fundamental reasons and managed to test 0.79, which is still a Lower High on 1W. Since this price was also inside the 0.681 - 0.786 (0.68967 - 0.81315) Fibonacci retracement zone since the last 0.96716 1W Lower High in April, we expect the price to make an equally quick technical gap fill as the equivalent rise. We have used those levels to short again with TP = 0.27100 (gap fill).
Follow our informational profile here- www.tradingview.com
A trading opportunity to buy in XRPEURTechnical analysis:
. RIPPLE/EURO is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.45100 to 0.30300). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.45100)
Ending of entry zone (0.30300)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.64700
TP2= @ 0.75600
TP3= @ 0.95900
TP4= @ 1.09100
TP5= @ 1.35700
TP6= @ 2.01000
TP7= @ 2.49900
TP8= Free
A Long-Term Trading Opportunity To Buy in Ripple/Euro ...Technical analysis:
. RIPPLE/EURO is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.55 to 0.38). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.55)
. Ending of entry zone (0.38)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.76
TP2= @ 0.96
TP3= @ 1.39
TP4= @ 2.33
TP5= @ 2.86
TP6= Free
XRPEUR (8h): Fib 1.62 (0.22 > 0.33 EUR 50%) short term possibleRipple / EUR: Short term Fibo 1.62 possible (0.33 EUR)
At the moment there might be a nice possibility to trade with Ripple short-term. Ripple behaves quite well after Fibo. Therefore, a rise to 1.62 could well be an option . Regardless of this, Ripple Long-Term is an interesting option to go long.
Possible targets: > 0.25 EUR > 0.33 EUR > long term 0.5 EUR and more
Let's see what happens. Happy trading. :-)
See also:
XRPUSD - Chart Sept 16