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XRP Daily LongsNot Sure If This Is The Correct Way To Use A Pitchfork However, I Am Using The Zones Created As Bullish Channels As I Believe XRP Has Bottomed, I Would Expect Price To Hold These Zones (Black & Blue) For Confirmation Of The New Bullish Trend. There May Also Be A 61.8% Retracement Due Around $0.16 - $0.155 However, We Saw The 50% Retracement Come Through From That Recent Spike To $0.175 I Would Like To See The New Daily Fibonacci 61.8% & 50% Retracements Come Through Around The Blue Box Shown I Am Waiting To See Whether These Bullish Trend Zones Hold Up Over The Next Few Days If So I Will Use Intra Day Time Frames And The Candle Closes On Those To Confirm An Entry
BITSTAMP:XRPUSDLong
by jakedubbz
XRP Long - DailyKey 0.618 Fib Retracement At $0.155 - $0.16 Which Also Aligns With Previous Short Should We See This Level Tapped, I Will Await Candle Closes Above A New Weekly Trendline Has Formed Following A Clean Break Of The Monthly Falling Wedge Prior PA From Feb - Mar Was All Noise As Monthly Still Closed Within Falling Wedge Higher Highs And Higher Lows Formed Since The Swing Low To $0.11 Minor Resistance Above Current PA, Should Daily Trendline Hold Up Await Break And Retest For Signals To Buy
BITFINEX:XRPUSDLong
by jakedubbz
ICHIMOKU P-WAVE XRP BULLISH SCENARIO BULL MOVE Since a P-Wave is a continuation pattern this is a potential move to the upside between 24-30 cents max before a drop at resistance we've failed multiple times to sustain about 30 cents. If we can get back into 30 cent range and hold we can get a move back into 34-40 cent range. BEAR MOVE Now this is where things get tricky. Even though a P-Wave is a continuation pattern this can change using the ichimoku time and wave theory together. When price falls on an ichimoku cycle number chances of a reversal can happen. The next ichimoku number falls on May 20th. Bearish move will be making lower lows into the 5-8 cent range. Conclusion Looking for price to break clean outside of the P-Wave to determine which direction market with move. These are very strong breaks.
BITSTAMP:XRPUSD
by overflownexus
1
XRP IDEA???? Does this make sense to anyone????Just playing around with some ideas and connecting pieces picked up since starting to learn and connect. Does this make sense to anyone? From a perspective of announcements and time limits as well as political positioning and corporate narratives, not to mention number releases from companies, I would like to think this makes some amount of sense. Any input is appreciated. Remember, we are all here to learn, so share your perspective. I hope I am wrong.... However, October makes some amount of sense for upward momentum.
BITSTAMP:XRPUSDLong
by xwick
7