Xrp-btc
XRP/BTC Long (1HR) XRP/BTC has been on fire lately as we all know...
Coinbase spit in the faces of Ripple owners earlier confirming XRP will not be added to Coinbase on January 8th making the market turn bearish...
XRP is currently hitting on the new support line, which use to be the old resistance line.
We shall see how this plays out.
Will ETH be the next pump after XRP? $1000 target!Risk: Low
Dear followers,
First of all, many thanks for following and liking my ideas. I just started posting since this month and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-)
After our great profits with XRP, ETH will break out its triangle before 2018. This trade is valid if we close with an hour candle above the triangle.
Target 1: 764
Target 2: 829
Target 3: 851
Target 4: 1000
SL: 652
Good luck again!
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Questions? Feel free to ask and your feedback is welcome!
3 Most likely areas of rejection for XRP/BTCBased on Supply/Demand Zones, these are the 3 most likely areas of consolidation or rejection for XRP/BTC. Probably a consolidation at the first level then a rise into solid rejection at later levels as either Bitcoin resumes an uptrend or Ripple cools and sells off a bit. Ripple being unlimited fundamentally versus Bitcoins limited supply will possibly help maintain the range (but this last sentence is pure speculation on my part). I'd be surprised if XRP/BTC pierced that third highest level.
Oh ignore the super-trend indicator, I probably should've taken that off before I made this.
XRP LONG Term idea .That is my first analysis im doing . Hope you enjoy it . In my opinion xrp is going to explode in a mid term , then will go up trend another time . i suggest to hold or buy under 3800 satoshi .
if 4150-4200 is broken , it will probably go up for a little time . Then the 4150-4200 line can be a support line . Hope you enjoy , i did this analyze on long and short term chart .
12/15/2017 LONG XRP:BTC Symmetrical Triangle BreakoutXRP is in a position to breakout - however, the question of which way remains unanswered. The price has yet to break the symmetrical triangle pattern.
We have not seen the MACD crossover yet. RSI is neutral, neither showing an overbought or oversold position. How would I trade this if I weren't in already? See below:
Once we see MACD crossover (blue line cross orange on the bottom of the chart), I will enter in a long position. Stop-loss under 0.003798 in case of a bounce off support. As always, if you want to be conservative for your trade, wait for the price to break the upper trend line and close above (1hr candles). Then place stop-loss around 0.004035.
So why am I taking a long position? The potential for XRP is crazy high (see ATH). Along with the potential of being added to CoinBase, the coin has high reward and low risk (minimize risk with the use of stop-losses). I will enter these trades being okay with losing 20%, knowing the potential gains.
Hopefully this helps somebody out there. Cheers!
XRPBTC in an expansive channel XRP is pricing high from yesterday and after broke the down channel is entered in an expansive channel
Also the cross with USD --> XRPUSD is in growing position ( see related idea )
New higher prices soon
Daily Market Pressure confirm the trend
For a complete list of free Market pressure visit my twitter profile