Xrp-usd
Circular Decomposition of Harmonic Pattern & 3:1 Long of CD LegThe long position in XRP is merely incidental. The emphasis is on using clean line work to discover areas where price is more likely to reverse.
In this example, which includes a bearish harmonic pattern , decreasing volatility is visible to the naked eye, even without the compression of the MA ribbon or the decreasing ATR.
Some unusual arrangement of pitchforks suggests that a lower time frame trend is breaking out and may retest diagonal support. If this occurs, a long entry presents itself, which would complete the CD Leg of the pattern and set up a Short at the D point.
Trading the CD Leg is NOT recommended because it often fails the test that comes at this level; the pattern is NOT considered confirmed until reaching point D. The incidental long shown here AWAITS the resolution of the test, as suggested by the S-Curve.
Fibonacci ratios are used not only to establish a potential action space for longer range forecasts but also to measure a profit target at point D, on the 1h chart. Although less obvious, but they are used also to estimate Trend Exhaustion (diagonals) and, hence, time.
In addition to more common elements of a Volume Spread Analysis, a series of overlapping VWAPs interacts with the action space implied by the Fibonacci ratios to reveal what might be described as the "grain" in the price history. Of especial importance is how certain VWAPs anchored to real-world events (as opposed to swing highs and lows, or opening bells) predict otherwise invisible volatility when either price or other VWAPs cross them.
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.4673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 0.5077
TP2= @ 0.5289
TP3= @ 0.5495
TP4= @ 0.5872
TP5= @ 0.6148
SL= Break below S2
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💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.4673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 0.5077
TP2= @ 0.5289
TP3= @ 0.5495
TP4= @ 0.5872
TP5= @ 0.6148
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
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ForecastCity English Support Team ❤️
The Case for XRP causing ripplesWhat's up Traders,
The Fundamentals of Ripple:
I'm not going to bore you with the business and use-case for 'Ripple' and their token (XRP) .
You can easily DYOR and form your own Opinions on the matter.
In short:
Ripple and XRP are currently being consulted with and used by a number of large United States and International Banks.
The Chart Technical's:
Ripple showing very BULLISH on the chart. If you know , you know. If you don't, just take my word for it. ;)
PS: Technical Analysis is not an exact science :D
The Alpha you're seeking:
Ripple token (XRP) was de-listed from US exchanges after the SEC filed suit, claiming that the token violated existing securities law.
-- Fast Forward to today --
SEC and XRP have concluded their arguments with the COURT and have asked the Judge to settle the case. By every account and my own interpretation of the proceedings Ripple is poised to win the case, which should enable the otken to be re-listed on exchanges in the US. The headline event itself will bear upside to the token price.
I also anticipate there is 'pent up' American demand. Those willing to 'dabble in crypto, but with less appetite for risk, have certainly shied away from the coin.
Taking on extra risk, you could see a large upside if the court rulings are favorable and I am correct in my analysis above.
My Strategy:
I am currently long XRP/USD targeting .55 as a short term milestone.
a buyer up until around 1.20 where i would re-analyze / TP / or / remain in the trade.
If the bullish scenario unfolds, i expect the coin to trade in excess of 1.50 within 2022.
Good Luck.
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3817).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 0.4080
TP2= @ 0.4314
TP3= @ 0.4615
TP4= @ 0.4924
TP5= @ 0.5339
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3817).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 0.4080
TP2= @ 0.4314
TP3= @ 0.4615
TP4= @ 0.4924
TP5= @ 0.5339
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
LITECOIN LTC USD Major Bullish Divergence = Breakout $3000Litecoin is really oversold and has been for a while now. On the weekly time frame there is major bullish divergence on the MACD that has been brewing for almost a year now. The last time this happened Litecoin had a move of about 600% up. The divergence has been in play for a long time and I believe this time we will see a massive move up like no other. I can see $3000 dollar Litecoin within a year maybe 2 at max. Exactly what kind of news will drive the price of Litecoin to make that type of gain in price and popularity but something huge is in the making ;) . Im buying as much as i can in this time, we wont see these prices in Litecoin again ever! This is not trading or financial advice. Thank you for looking, leave a comment and follow me if you find this content useful. Thank you
Bitcoin BTC USD FRACTALS WORK! Bitcoin will MELT YOUR FACE! FactBitcoin is just getting warmed up in my opinion. I mean look at the charts when you compare fractals (human psychology/emotion) which usually always plays out, you'll see compared to the S&P that Bitcoin is only in the second impulse wave on higher degree of trend. I see Bitcoin going absolutely berserk over these next few years. You will see 1 million dollar Bitcoin if not 2 Million within maybe 5 years. Most of the other crap coins will dissolve and vanish and money will flow into the real cryptos and projects that are actually worth a damn and have actual real world use. This is not financial advice just my opinion, comment below and let me know what you think and follow me for more analysis. Thank you for checking out my chart, good luck out there.
DIGIBYTE DGB USD Update: Previous prediction still Stands $14My previous prediction on Digibyte still stands. I still this as a sleeping monster, Digibyte is going to melt your face when it takes off! One of the oldest and most practical cryptocurrencies that work, for pretty much everything. When governments and institutions look for a project to invest in or implement into their company or government they will look for something that has some serious legs. Digibyte has stood the test of time and has proven itself over and over again. The network security is top notch, extremely efficient and fast both in transaction speeds and mining, and it, and its uses are endless. This project is going to explode in the near future and I am confident in that. This is not financial advice just my opinion. Thank you and follow me if you find this content useful. Good luck out there.
BITCOIN LONG TO $33,340This here is currently one of the trades we are taking in the Crypto Fund for my investors. Placed the trade a few hours back and currently running 130 PIPS in profit📈
Still 200 PIPS more left to the upside, so feel free to place long positions and profit too👀 Drop a like and let me know what you think!
✅XRP_USD BULLISH BIAS|LONG🚀
✅XRP_USD is retesting a support level
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
✅Like and subscribe to never miss a new idea!✅
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.7414).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 0.7923
TP2= @ 0.8180
TP3= @ 0.8521
TP4= @ 0.9173
TP5= @ 0.9765
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.7414).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 0.7923
TP2= @ 0.8180
TP3= @ 0.8521
TP4= @ 0.9173
TP5= @ 0.9765
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️