Ripple formed a bullish BAT | A good long opportunityAfter successful completion of a bullish gartley pattern priceline of XRP / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile of complete pattern is showing less interest of traders at this area.
But stochastic is strong bearish and has given bear cross moreover MACD is turned weak bullish from strong bullish, so here I would suggest to wait for MACD to turn back strong bullish or if the MACD will be turned strong bearish then wait for to turn it back to weak bearish or wait for bull cross from stochastic then take the long position.
The PRZ area should be used a stop loss zone if a complete candle stick will be closed below this area.
I have used Fibonacci sequence to set the targets.
Buy between: 0.25350 to 0.24754
Sell between: 0.25510 to 0.26309
Enjoy your profits and regards,
Atif Akbar (moon333)
Rippleusdt
XRPUSD formed bullish shark | Upto 77% profit potential tradeThe priceline of XRP /U.S DOLLAR has formed a bullish shark pattern and entered in potential reversal zone.
From here it can hit the sell targets soon insha Allah.
The MACD is also turned bullish.
I have defined the targets using Fibonacci sequence as below:
Buy between: 0.30493 to 0.25690
Sell between: 0.35358 to 0.45584
Regards,
Atif Akbar(moon333)
RIPPLE / USDT Setting Up For ABC CorrectionRIPPLE dropped nicely and looks to be entering an ABC corrective pattern. We just saw Wave A at $1.64 - matching the 4 Wave range. Our next target is Wave B at about $2.25 - matching the 3 Wave range. After that, Wave C should return to at or under $1.64. It could continue a downtrend after this point or bounce off the $1.60 support and continue a new impulse wave up.
Things to watch:
BTC movements could break the pattern. RIPPLE has been pretty reactive to BTC recently. A BTC movement could cause anomalies or break out of the standard ABC trend.
TARGETS:
Wave A at $1.64.
Wave B at about $2.25.
Wave C at or under $1.64.
Note:
This is an idea of a future market movement. The current markets are highly volatile and can change at any moment. It is not a suggestion to trade, and I am not a financial advisor.
Ripple has completed shark | Upto 77% profit possibilityThe priceline has completed the shark pattern and entered in potential reversal zone.
We already have a 2nd pivot support within PRZ area from here the price action will take bullish divergence insha Allah.
The stochastic is in oversold zone 1st time after feb 2019.
The targets are:
Buy between: $0.3049 to $0.25697
Sell between: $0.35363 to $0.45585
Regards,
Atif Akbar (moon333)
What if xrp can go to $0.14.. ?hi.
From the moment i openend my log scale i saw that there is a whole region that's never fulfilled before.
What if bitcoin breaks 3K is XRP also going to break it's recent floor again ?
0.14 is an option if you think the way i think. XRP went x650 last time... it's still overpriced even if the fundamentals are good now.
What do you think ? comment below.
XRP LONG 0.368Hi guys,
As we see we have a perfect eliot wave with a perfect ABC setup. I see an extended eliot wave coming (6-7leg) that is also the resistance of the weekly 18EMA.
let's see how this plays out ! but what i already know is that it perfect holds support on the 61.8FIB.
Let me know what you think !
Ripple, what's next?Ripple, 1D, Binance. I do not want to analyze less timeframes, because there's no volume.
We have an upwards channel, and now we are almost in the middle of it. Yellow blocks - are trade negotiations in 4H timeframe, blue one too. - are a target to short squeeze, as always. So, the introduction is over, lets begin.
Now we are testing the first yellow block, if the price goes lower, you should check the price reaction to the middle of upwards channel. If it broke it - the possibility to go lower will increase. Long setup will be if the price can break through the blue block and test its upper border from up. That would be a nice set up to buy.
BUT! Look at the volume - it's almost empty. And the candles tell us: "The MM can make a nice impulse, if he wants ". So, do not hurry and be careful! You have only one deposit and infinity to make an order. Save your deposit!
More details and feed back on twitter.
XRPUSD - 1D Chart AnalysisAfter 29 days of a bearish trend and a drop of 36%, the price is finally going through a better period and is about to register the 3rd consecutive day of growth.
Another important detail is given by the crossover of the 20 days Moving Average meaning that, according to the Bollinger Bands, we are assisting to a trend change which can also be confirmed if the price will finish the day higher than 0.3367$.
As we've mentioned on the previous posts, this first candlestick which is fully created after the price has crossed the 20 days Moving Average, can be considered as a very powerful confirmation of the trend. And the easiest way to check it is to follow the chart and to identify the previous similar situations :
- On the 5th of November, after the price has "jumped" above the 20 MA, the green candlestick has confirmed the increase which followed;
- On the 20th of November, after the price went below the same MA, the red candlestick has confirmed the decrease.
Having a look to the technical indicators as well, we can easily identify favorable circumstances for this scenario, as it follows :
* The RSI is 48 and it can be considered "neutral". It has managed to recover from the "oversold" position and it has potential go go even higher;
* The Stochastic`s crossover from the 16th of December has signaled the uptrend and the distance between the "fast" and the "slow" lines is still big enough. On top of this, there is still more room for the price to increase before the level of 80 will be reached;
* The MACD also above the Signal since 2 days ago, meaning that the uptrend has big chances to continue.
With the actual trading volumes, it seems that the odds are favorable for the price of Ripple and we have big chances to see the price reaching 0.36$ in the following days.