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Rippleshort

Ripple has broken a major descending resistance line!Ripple has made a bullish exit of our long term descending resistance-turned-support line triggering a potential bullish move to push price up towards 1.7564 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance). Our 1st support remains at 1.2007 (pullback support, overlap support). Stochastic (55,5,3) is seeing ascending support in line with the bullish momentum we’re expecting on Ripple. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITSTAMP:XRPUSDLong
by Tickmill
1
Ripple bounced perfectly as forecasted, prepare for bounce againRipple has bounced off our support perfectly as forecasted previously. We are seeing another potential upcoming bounce with major support at 1.2007 (Fibonacci retracement, horizontal overlap support) which could drive price up to previous resistance at 1.7564 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension). Stochastic (34,5,3) is seeing really strong support above 5.7% where a potential bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITSTAMP:XRPUSDLong
by Tickmill
3
RIPPLE (Retest present bottom)Hello Traders! The Correction phase, do not over. We accurately predict, stop decline tendency. So, yesterday we saw, first rebound, then should wait present bottom retest, next step the creation of balance and after that Strong Uptrend! ------------------------------------------------------------------------------------------- Personal gratitude! Yesterday we red one comment from Trader "Gusccbb" ( www.tradingview.com ) , who awared us to be careful with Ripple, cause of adverse fundamenatl factors! "Hi, do you think that with the low market volume of last days is compatible with a trend break this week in both Ripple and BTC -6.39% that have been severely punished by the impact of news from Korea last week? The volumes are approximately 15% of those operated in the first week of January. The trends will be defined I think when the money returns to the market I think. Tks 1.50% ." We are sincerely grateful to you! Respect! Big thanks! Subscribe to "Powerful Traders"! Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint. We trade in all financial markets, there are no boundaries or limitations. «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply thoroughly!) You're welcome!!! Best regards, the team Traders "Powerful Traders".
BITSTAMP:XRPUSDLong
by POWERFUL_TRADERS
3