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Rippleusdt

XRPUSD formed a bearish gartley | A good short opportunityWith the formation of bullish gartley pattern which I have published in my previous below idea: The price action was also forming another bearish harmonic gartley pattern and now it is entered in potential reversal zone to hit the targets soon insha Allah. But MACD is strong bullish and Stochastic is also bullish and did not give bear cross sofar moreover the Volume profile of complete pattern is showing that the traders are still interested to trade above the potential reversal zone but not above the resistance line. So for secure trade we can wait for MACD to turn weak bullish from strong bullish or for Stochastic to give bear cross then by and the PRZ area or the resistance line can be used as stop loss in case of complete candle stick closes above the PRZ or resistance, coz if the resistance or PRZ will be broken then D leg can be extended from 1.27 to 1.618 fibonacci to form a bearish butterfly pattern and this gartely can be invalidated. I have used Fibonacci sequence to set the targets: Sell between: 0.25975 to 0.26308 Re-Buy can be between: 0.25713 to 0.25083 Enjoy your profits and regards, Atif Akbar (moon333)
BITFINEX:XRPUSDShort
by moon333
4
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)
BITFINEX:XRPUSDLong
by 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.
Long
by jollygreen
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.
by calipsofund