XRP rippleXRPBTC shows us Elliott Waves cycles.
Targets
- 0.0000512
- 0.0000494
- 0.0000475
- 0.0000450
Stop
- 0.0000547
Xrpbtcshort
XRP SHORT Failure to reach new highs!XRP has been in a overall downtrend sense january. in the last 2 to 4 weeks we have seen attempts at breaking downtrend. With failure to reach new highs in the last week. Xrp will be going down down down .
RIPPLE SHORT 6 to 12 hour tradeRipple rejected the hard resistance . Its on watch for the next 24 hours! im margin trading on poloniex xrp short opened right after the rejection a short.
Looks like it is time to short Ripple Chart pretty much speaks for itself. The support at 0.786 fibs is broken and I am expecting to see ripple at 13k-14k sats.
I do not expect to see a recovery at this point as BTC's market dominance is going up day by day.
RSI signals that XRP may still lose its value against BTC.
This is not a trading/investing advice and I am not responsible for any losses may occur from following this idea. Always do your own research.
XRP - Buy vs SellJust for my record... looks interesting.
Any comment or idea if you see or think or whatever something, welcome.
USD Longs rising, looks it has a very strong support
BTC Longs steady and trying to push up, maybe bouncing over some kind of support.
Shorts (BTC and USD) seems to be hiting with a roof... Seems they have never been very significant against Long. (?)
Longs are greater than Shorts in the respective pairs.
I should compare the sum of Longs vs sum of Shorts... And chart the difference of them.
But ... i dont know anything. This is pure Psychedelic ART. lol
Original Chart belong to XRPBTC Longs (blue) so indicators are referred to it.
The 4 charts are scaled so you are seeing how they really look comparing each others in terms of positions (volume).
-CJ-
XRP RIPPLE support at 50 week $XRP#XRP- Ripple is sitting on the 50 week support line.
Fib levels match up w/ 50 week, see if this can hold 7k+ and go to 8-9K, if not expect it to fall to the next level.
#XRP Ripple - XRP Looking good on daily $XRPMACD is bullish...
Moving averages not so much, but we have to believe it's going to reach for that 50 day SMA ~8k
Momentum squeeze indicator on the rise
Aqua lines are old LONG FLAT ichimoku lines (magnets), but developed during bull market of course.
RSI is low and looks ready to bounce soon
Wedge was broken to the upside.
Most adopted crypto by current banking industry
Not my favorite project, but a lot of indicators saying it's a decent time to buy below 8k
Rising wedge for XRPBTC 1Hr time frame (Recommend to short)Hello everyone welcome to my first trade idea about Ripple the cryptocurrency vs its value against Bitcoin. XRPBTC appears to be in a rising wedge pattern and will likely fall in value compared to Bitcoin to the target range of 8075-8050 satoshis. There are two ways to take this trade, you can short it aggressively near 8,200 satoshis or short defensively and wait for a close below the supporting trend line for confirmation and short immediately. If XRPBTC closes above 8,200 satoshis, then the trade idea will be invalidated. Personally, I am an aggressive trader and will look to short as close as possible to 8,200 satoshis and will place my stop loss above 8,225 satoshis until it breaks and closes below the supporting trend line. If this scenario occurs, then I will trail my stop (capturing profits) just right above the opening and or wick of the candle that closed below the trend line yielding support. Finally, I will just ride the wave of the market either closing my short at the target yielding me with the desired profit or closing my short with my stop if the market decides to travel towards my trailed stop yielding me with little profit. Remember, a winning trade does not always have to be in the profits or big profits. You just have to manage risk accordingly to make sure you do not lose as much capital as possible. I will keep you guys updated along the way of my trading idea.
Thank you so much for putting the time into reading my trade idea! I hope all goes to plan and you fellow traders can make some fine cash.
Short BIG Dump of ripple (XRPBTC) NO HOPEwhat u think?
Predicted buy and sell zones>
Accumulate zone" 0.000071000-0.000072000
Sellzone: 0.00008K-0.00008200
XRP looks bearish long termI posted a short term bullish idea on XRP, but taking a look at it on the weekly timeframes with indicators on, it looks mightly bearish.
We have some pretty nasty Bearish divergences between last peak (candle close) and most recent peak (candle close) on both RSI and MACD.
I've circled a potential fractal that we may be in. Could see us reaching for another high, after which we proceed to bleed to our bottom. Where that bottom is? Not sure, I'd want to wait to see how far we bounce up first and then see how far we can go down.
It's all good to be trading shorter time frames, but larger timeframes are just as important. Always good to know what trend we are in.
Ripple - Downhill from hereXRP/BTC is currently on a downtrend and showing a great shorting opportunity, even though its MA200 is currently serving as a dynamic support. It will most likely go down to its 0.286 Fib retracement level and it might hold there for a while.
If nothing positive happens, it will complete its market cycle and continue to fall to its next support level at ~2800. Now considering RSI, we might see a bullish divergence, but either way this should be an easy trade.
XRPBTC Short below 8558 tp at 6224 then 3832XRPBTC Short below 8558 tp at 6224 then 3832
If above 8558, long and tp at the blue line above 8558
Ripple/Bitcoin short I am still sorting Ripple/Bitcoin:
These are my targets:
First target 0.000073
Second target 0.000043
Third target 0.000028
Ripple Short Term.In a red zone. I think its time to think about stop loss for XRP.
But before you short Plan your re-entry.
When the bow breaks, the Ripple will fallLooking at the Fib speed resistance fan for XRP/BTC and it is following an extremely overbought bullish trend.
It's difficult to do technical analysis on XRP due to how strong the fundamentals are driving price at this point, however the universe must adhere to the laws of mathematics, and therefore $hitcoins must also do the same.
I am looking at shorting the everliving crypto-kitties out of XRP when it approaches the target zone on this chart.
