BTC has formed a rising wedge pattern that is about to follow through with a bearish reversal. BTC hold the vast majority of the market cap for the cryptocurrency market and thus you can see similar trends on other large pairs.
XRP is currently completing an AB-CD Patron and arriving areas of bulls ... and areas of reversion XRP could be a good investment in the direction of trading regards
XRP oportunity drawing patterns AB-CD BUY FIRENDS
Looks like XRP is still within this potential symmetrical triangle formation? Many other alts seem to be looking more bearish at the moment against BTC, what do you think?
XRP checking off all bullish Ichimoku indicators for the 4 hour. In addition to 50/200 MA crossing, we can also see a triangle consolidation forming alongside this uptrend. As this consolidation process plays out, I suspect XRP will burst above the triangle apex and towards a new resistance line -- exit position not set yet! Will hold this long entry for the time...
XRP / BTC: it seems that we are currently putting in the waves D and E to complete wave 4 of one larger degree; this means that we'll soon be going up for a wave 5 to complete wave 1 of a larger degree. then down for a shallow 2 as this is in fact all part of a wave 3 of a larger degree, so brace yourselves! there are alternate counts that could possibly take...
xrp has hit a long term support line which, historically has made the price run up by at least 50%
Time for DIGIBYYYYTE to make a decision here I'd say. If DGB can break past 550 and 630 sats-- then safe to say we are moon bound. Exchange addition rumors looming should contribute to bullish sentiment, market in general is depressed though. Arbitrary trend lines to focus on :)
Fib levels labelled, showing confluence with Trendline contact points, reaching back, since inception of the XRP/USD wave structure. My first post, lets see how it goes. Last structure I expect is an XYZ Zigzag, a substructure of the WXYZ shown on my shared chart. Not financial advice.
Ticker: XRPUSD Exchange: BITSTAMP Signal: short-term @Long Trading idea: The idea is that after a rollback, take an asset on a trend with minimal risk I'm only afraid that XRP will follow the BTC This can lead to the fact that the market will collapse completely again So be careful when choosing the position volume Entry point: 0.662 Stop: 0.612 Target1:...
Technical analysis: RIPPLE/BITCOIN is in a range bound and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 44. Trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. *Price is in the support zone (0.00009 to 0.00006), traders can set orders based...
Ripple moving around the triangle nicely as per this idea > Nice range to trade but waiting for E wave of the triangle to complete to short, then buy upon completion of the larger C wave for (hopefully) the next big move upwards.
Another theory based on this idea > As it appears that Ripple loves triangles and triangles are common in B waves we could get an extended correction in the form of a triangle before the next leg (c wave) down. It's possible B wave is done already as there is a zig zag ABC in there already.
Update to previous Ripple ideas > 5 waves up now completed and has already bounced at 0.382 fib level. It could up to make new highs from here as 0.382 is a wave 2 fib level, however, I think its only A wave, B wave is either still underway or has already completed at 0.5 fib level of A wave, then C wave, either 1.618 of A wave to 0.618 overall, or 1.618 of B...
XRP/BTC All indicators shows positive, I put ALL IN! ASAP! It is about to TRIGGERED! Check it out. Make money :) Good luck! Twitter Kripto Cat @Kripto Cadi