XRPBTC: Good opportunity for LongAt D1, the cloud is directing upward, indicating an uptrend. The RSI moved down and the price found support on the Ichimoku cloud.
At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers.
We recommend buying XRPBTC when the RSI reaches the oversold level near the 50% Fibonacci level and take the profit near the level of 0.000032.
Xrpbuy
XRPUSD: Analysis using Ichimoku 12/07/2020H4
On D1, the cloud is directing upward, indicating an uptrend. The price also broke the downtrend line at D1.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%.
H1
At H4, the cloud is directing upward, indicating an uptrend. The RSI is not far from the overbought level, indicating a possible continuation of the correction. Also, the divergence has formed on H1 between price and RSI.
Conclusion:
Selling XRP looks risky, since the correction model may take the form of a “triangle”.
We recommend buying when the RSI reaches an oversold level on the H1.
XRPUSD buy setup 1:2 RiskXRPUSD shows higher highs and higher lows on the daily chart. Here's my trade entry:
Entry: 0.26504
2. Entry: 0.23406
SL: 0.20994
TP: 0.36976
Risk to reward: 1:2
Win probability: Less than 45%
Disclaimer: This is not investment or financial advice.
Trade safe,
Atilla Yurtseven
XRPBTC breakout!Pairing looks solid with green horizontals and red representing stop:
TP1 3386
TP2 3572
TP3 3586
Stop @ 2967
This is a second wave pending volume confirmations from the second XRPUSD publication in which I was referencing in my earlier publication earlier last week. This is a short-mid term entry. Highly volatile.
Disclaimer
Not financial advise
-@a1mtarabichi
It's time for RippleGood evening dear readers,
Ripple is known for its amazing pumps, these are the real big money pumps which could make your year, you definately don't want to miss these.
How to get in on them... Anticipate them coming, instead of FOMO-ing in as they happen.
Better to anticipate them in Set-ups like these right now. With a small 5% stop , no worries if its wrong. It was worth the shot.
The ichimoku cloud is indicating a bullish crossover from the fast moving average into the slow moving average.
And we are slowly approaching the top of the cloud. As soon as we break out, the party is beginning.
Hopefully we will test the Kijun and Tenkan again for a nice entry and to make it support.
Also the small ascending triangle is a bullish pattern which broke upwards and the volume is promising.
Wether you like Ripple or not.. Take advantage of its pumps.
Best regards, Thumbs up and follow if this was helpful please.
Fibo Wedge Reveals opening on both SHORT and LONG XRPBTC
For whatever reason; chart is not publishing as it is on my screen so I've reprinted the SS above ^
T1-4 with TP1 & 2 being SHORTSELL exits (48-80 hrs)
TP3 a mid position (timeframe 3-5 days)
TP4 a LONG position (>7 days -- pointless to speculate)
OFC stop @ 3151 <-- MOST IMPORTANT FIGURE!!
So I'm leaving this a neutral publication as there is virtually an entry/exit for whatever position (contingent on what type of trader) you are.
Personally; when BTCUSD is sideways/bearish I always like to snipe whatever quick shorts on alts I can...so I usually pivot from my typical EMA50/EMA21 and venture into lower, high-risk/high-reward entries and toe the line between day/swing trading (if I have the extra time) for pairing against ANYTHIHNG other than FIAT USD is a TERRIBLE DECISION and something I would NOT ENCOURAGE AMATEURS TO DO! If you are not an experienced trader; let me reiterate, DO NOT BOTHER EXPERIMENTING WITH OTHER PAIRINGS BESIDES USD UNLESS YOU ARE WILLING TO LOSE, as these are very difficult trades to pinpoint timeframes/exits seeing as how you need not only BTC to decrease but the coin you're pairing it against to increase in volume/priceaction: so your normal indicators don't typically apply in certain contexts.
This is why I only stick to top 25-50 market cap coins & I don't trade in any coin (nothing in my portfolio) that I don't know everything about -- from the whitepaper, dev team, roadmap, updates, etc. everything...
I never understood how forextraders could take a position on a cryptocurrency when they haven't read the whitepaper...it makes absolutely no sense and boggles the mind!
Would you invest in a product/service if you had NO IDEA what it did ? Just because the charts look decent? If so than you're a fool!
With that being said, have a wonderful day.
Peace & Love.
- @a1mTarabichi
DISCLAIMER
NOT FINANCIAL ADVISE