xrpusd forming bullish BAT for upto 13.8% moveThe previous short term idea executed successfully:
Now again on short-term 4-hour chart, the price action of XRP is completing final leg of bullish BAT and soon it will be reached in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of BAT pattern should be as below:
Potential reversal or buying zone: $0.5249 to $0.5147
Sell or Fibonacci projection zone: $0.5493 to $0.5861
Stop Loss:
The potential reversal zone area that is up to $0.5147 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 13.8% and as per the above-mentioned stop loss, the loss possibility is 2%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Ripplelong
XRP - Possible scenarios for investors and punters alikeYou guys drive me NUTS with Ripple. I hope that's not all you guys trade...
I also trade it guys but with a certain % of my funds- and it has been going REALLY WELL for me so far so I want to keep it that way.
Take a look at other ideas too, Copper is a fresh new trade to get on for example . Don't go 'Ripple-nuts', go 'Ripple Carefully' please.
Anyways, you keep asking for it so here we go: 4 SUPPORT LEVELS and the % we calculated (don't ask how, our system took me 11 years to develop and is for sale for 1,000,000$), for each and every scenario.
This time we will take a 'Wild Guess' and dare to make an Out of the Box 'How the Market Will try and Fool Us' prediction of exactly what we think will happen, exclusively for our clients at fxprofessor.
ps. Once and IF the price breaks the 0.79 mark then it's off to 1.41
XRP -Big chartXRP has stopped right on our calculated first support, a rebound is now possible but the possibility for the price to break down to the second or third levels is also valid.
We have been using a special strategy that we teach and are now closing some sell positions.
Contact us for more info.
Havign a chart is one thing, knowing how to trade it is a different matter.
XRP - Stopped on 1st supportXRP has stopped right on our calculated first support, a rebound is now possible but the possibility for the price to break down to the second or third levels is also valid.
We have been using a special strategy that we teach and are now closing some sell positions.
Contact us for more info
XRP - Analysis broken down by checked levelsOur prognosis for Ripple remains positive :
We estimate that the price has 65% chance (2/3) to reach the resistance at 0.77 before it tests the support of 0.545 for the third time.
1. Support 4 at 0.25 has been untested, since the price flew on Nov 20- Nov 23rd.
2. Supports 2 and 3 have both been tested and checked.
Rejection at the 0.77 level on Nov 24th was strong, but given the price had risen for over 100% in 40 days (0.30 to 0.70 from Nov 20 to Nov 24) it makes sens .
IN THE SAME MANNER THE RISE FROM 0.78 TO NEXT LEVEL OF 1. 40 CAN BE AGAIN EXPLOSIVE!! But first the 0.78 level must be breached.
XRP - Big Chart for EOY prognosisOur prognosis for Ripple remains positive :
We estimate that the price has 65% chance (2/3) to reach the resistance at 0.77 before it tests the support of 0.545 for the third time.
1. Support 4 at 0.25 has been untested, since the price flew on Nov 20- Nov 23rd.
2. Supports 2 and 3 have both been tested and checked.
Rejection at the 0.77 level on Nov 24th was strong, but given the price had risen for over 100% in 40 days (0.30 to 0.70 from Nov 20 to Nov 24) it makes sens .
IN THE SAME MANNER THE RISE FROM 0.78 TO NEXT LEVEL OF 1. 40 CAN BE AGAIN EXPLOSIVE!! But first the 0.78 level must be breached.
RIPPLE - Intraday Update - 12/06/20 (Short-term)RIPPLE - Intraday Update - 12/06/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
Breaking above $0.7941 is the next upside objective for the bulls.
Outlook: A fifth wave rally is in its early stages.
Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.
XRP - Support levels analytics (zoomed in)I usually share these kind of analysis with my clients only but here you go guys:
For sure many of you have been buying or trading Ripple and i try my best to help by sharing my ideas with you, a little bit more intensively on Ripple nowadays.
On this chart you will find 3 levels that they all have a big chance to make the price jump back up.
I told you, volatility was on on a simple chart
I even called when this volatility would start after a period that it was going sideways as i had prognosed
I also shared with you my prognosis for 0,77 0,97 and 1,5
I also posted on time when to buy the last dip and when to cash profit PERFECTLY
and i honestly hope i am right this time too.
XRP - Support levels analyticsI usually share these kind of analysis with my clients only but here you go guys:
For sure many of you have been buying or trading Ripple and i try my best to help by sharing my ideas with you, a little bit more intensively on Ripple nowadays.
On this chart you will find 3 levels that they all have a big chance to make the price jump back up.
I told you, volatility was on on a simple chart
I even called when this volatility would start after a period that it was going sideways as i had prognosed
I also shared with you my prognosis for 0,77 0,97 and 1,5
I also posted on time when to buy the last dip and when to cash profit PERFECTLY
and i honestly hope i am right this time too.
XRP- Volatility inbound 35% ⏬-65%⏫⏫ (ask us for our strategy)It's kind of 'exciting' when one of our famous 'Triangles' is almost out of space.
Volatility is inbound and there are 3 factors dictating the next move:
- big traders (whales) with big orders
- Bitcoin (the price of Ripple is correlated with the performance of BTC)
- News (fundamentals are hard to predict but Ripple tends to get good news from bank and central-bank related comments on this asset)
Our updated chart comes with prognostics and key price levels.
We have a specific strategy to trade this asset and we teach it at WWW.FXPROFESSOR.COM
XRP could retest 0.45 levels very soonAfter the 26th retracement, volumes on a day time frame are decreasing, which diverges from this uptrend we're getting in the 1-4 hours time frame. If today's candle closes red, then we'd have the confirmation of the change of trend in the short terms because it should be indicating a trend reversal in the short trend (1-2 weeks) with a re-test of 0.45 levels, compression with another triangle made by the downtrend line and 0.45 level to then continue the rally.
XRP - Get back on it carefully We bought the dip early, so if it drops we have a stop loss 'in the green'.. a profit is guaranteed
If you didn't buy yet:
The market dropped, maybe it's waiting for Buyers to go in, drop again and smash them, so BE CAREFUL!
Chances are it will rise but look at the chart and see our key price levels
XRP 3$ targetIf price can break the 0.80000 we gonna see price reach the 3$ easily without any sort of resistance but personally I think the price gonna test the 0.43600 level as correction for the bullish wave from weekly perspective.
Fib golden ratio 0.68 also lines up as a backer for this analysis.
disclaimer : This analysis expresses my personal opinion only.
I am not responsible for any losses incurred due to your trading or anything else.
RIPPLE - $XRP - Wave 3 - To the moon is too close, go beyond!!! WAVE 3 in progress! The best time to buy is now!
I'm LONG / BULLISH position. I expect that $XRPUSD will rise up.
This would mean that RIPPLE will gain more value against USD .
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION .
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST .
To the moon is too close, go beyond!!!
Well, keep you updated as this timely issue evolves.
Good luck!
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