Xrp-usd
XRPUSD LONG TOWARDS RS1 AND THEN BACK DOWN.YES, I'm in a buy with stop loss on in profit. saw the drop today. figure i have it. always trade with stop loss on this pair. As big drops can happen or big ups can happen at anytime. Will short once it gets close to my rs1 line. As always enjoy and good day mates! leave comments or likes lets make money baby !
XRP USD - Very important diamond chart pattern!You can see the purple trendlines on the chart. This makes for a diamond chart pattern.
A diamond chart pattern often means a reversal. This specific pattern has a high probability because it's on a weekly chart.
Look at my other analyses, this all indicate a bullish case for crypto and altcoins.
I wish the market would be bearish for another year but I'm afraid my accumulation is going to stop. That's why I know my bias isn't influencing my judgement.
Bitcoin will move sideways In my opinion, Bitcoin will move sideways in the range of 7k4 - 7k6 low amplitude
If BTC re-tests and breaches the resistance zone of 7k8, it will most likely touch the resistance zone at 8k180
The temporary support areas will be 7350 and 7050
Thanks for everyone who saw the article. Good luck
Ripple rejected important HighsRipple rejected important high, and sellers start increasing momnetum.
At the moment bulls try to defense support zone, but if there will not be any power, ripple will follow price action to lower supports.
One fact is that whole crypto market is collerated. If 'the Giant'' Bitcoin crash lower as we explained in previous analysis, then ripple will follow dumps
XRP Ready for a pull back after rejection!Hi Traders,
As you can see, XRP has a bearish divergence building on the RSI AND was rejected by our local resistance at .1936. The bearish divergence is even obvious on the 1h chart. I expect XRP to pull back to the .618 buy zone indicated with the yellow box (around .1815).
This is not financial advice, do your own research and most of all, good luck!
XRPUSD - INTRADAY - 14. APR. 2020Welcome to our daily trade setup ( XRPUSD )!
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1 HOUR
Strong push and price action occured.
4 HOUR
Bullish wave had an end, looking for short positions now.
OVERALL
Great short entries, market in pullback but expecting it to drop further.
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CRYPTO INTRADAY
SELL XRPUSD
ENTRY LEVEL @ 0.18600
SL @ 0.18930
TP @ 0.18120
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
XRPUSD technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 XRPUSD technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see price is bounce from FIBO 0.2 and we can see before curent canedls there is DOJI candels which indicates in many cases reversing trend, expecting to see push in price till FIBO 0.382 possible and break will update with time.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
XRP: Breakout? BuyBITSTAMP:XRPUSD : BUY
Thesis: Will banks be able to distribute relief funds?
Analysis Method: Fibonacci & Wave Theory
Wave Count: Minor Wave 3
Target Area: $.26-.$31
About XRP: ripple.com
XRP is an independent digital asset that is native to the XRP Ledger. With governance and fast transaction confirmations, XRP is said to be the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility, and fast settlement finality for interbank flows.
According to Ripple, those who use the digital asset XRP to source liquidity can reportedly do so in seconds. The team at Ripple hopes to enable the world to move value like it already moves information on the web today.
Website: ripple.com
Rank: 3
Market Cap: 8 Billion
Minute Wave: Leading Diagonal
Minor Wave 3 Target Area:
Minor Wave 3 Time-frame: 11 Days
Will update.
FMW
Nice Short Term Buy @ .185Hi Traders,
If you found this analysis informational or amusing, the greatest compliment you could give is to leave a like and a comment, alright, let's get right to it...
As you can see we've begun to correct yesterday's move. We have a bear flag setting up for a drop to the .185 level, there is also confluence with the trendline between the .786 and the .618. If you buy in, I would run a stop loss just below the .786 (maybe the .181 level). If we break down below the trendline, wait for a retest to close long positions. This is a short term trade, as I am more bearish than bullish here but, money is money so let's trade for profit and stack the chips baby! As for a target on the trade I think we'd retest the .191 area but with a manipulated market like we have here, you're best bet is to buy in at the bounce, set your stop loss and as the price moves up, move your stop loss up to a point where if you get liquidated, you will break even including fees.
This is not trading advice, I am not a financial adviser, do your own research!
Trading is EASYWe can see that price has been following our trend line in a bullish manor and we are expecting it to keep doing so as price has also broke above our blue line which has been used as strong support and resistance previously.
See how simple trading can actually be? Nice clean charts, No indicators just a simple trend line and support/resistance level. People try to over complicate things which is why 99% of traders fail.. To get in that 1% you MUST change your trading mindset else you will be stuck in that hole forever.
If you need help just message me.
Bearish Divergence, XRP about to short term correctHello Traders,
We have bearish divergence on the 1h chart. We may have hit the top but, I think we get one more shot at the .195 area.
Ready for a pull back to the .186 to .1845 area.
Likes take a moment to leave and are much appreciated,
This is not financial advice, do your own research and trade at your own risk.
Cheers!
Inverted Scale Tells The TaleHi Traders,
I've inverted the scale to give a different perspective, in the chart, the inverted scale gives a very bullish flag pattern, we have volume calming down and are almost at the apex of the flag. It could go against us and the price could rise but this flag looks like we're in for a nice correction to the down side (up in chart). Two targets listed.
Trade safe out there!
A like is a small gesture that means a great deal, if you got any value from this chart, please give me a like to let me know!
This is not financial advice, do you own due diligence!