Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2188). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.2521
TP2= @ 0.3278
TP3= @ 0.3785
SL= Break below S2
Xrpdollar
XRPUSD formed Gartley | A good long opportunityPrice action of XRP / US Dollar has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.21457 to 0.20929
Sell between: 0.21873 to 0.22870
Regards,
Atif Akbar (moon333)
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. Ripple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.18300 to 0.148). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.183)
Ending of entry zone (0.148)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2300
TP2= @ 0.2805
TP3= @ 0.3300
TP4= @ 0.3800
TP5= @ 0.4240
TP6= @ 0.4800
TP7= @ 0.5700
TP8= @ 0.7615
TP9= @ 0.9145
TP10= @ 1.37050
TP11= Free
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. Ripple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.18300 to 0.148). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.183)
Ending of entry zone (0.148)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2300
TP2= @ 0.2805
TP3= @ 0.3300
TP4= @ 0.3800
TP5= @ 0.4240
TP6= @ 0.4800
TP7= @ 0.5700
TP8= @ 0.7615
TP9= @ 0.9145
TP10= @ 1.37050
TP11= Free
XRPUSD formed harmonic within harmonic | XRP mid term analysisIn my previous post:
We have seen that the price action of Ripple / US Dollar has formed a bullish Crab and so far the price action is still moving within the potential reversal zone of this pattern.
This time the priceline has formed a parallel channel within the potential reversal zone of this shark pattern and likely to form a 3rd bottom at the support of this channel:
The Indicators and Oscillators:
On daily chart the Relative Strength Index (RSI) has entered in oversold zone with the value of 29.45 this is the second time it is visiting the oversold within a month before this it was oversold with the value of 16.86 on 25 Nov 2019 but at that time the bollinger bands was moving steep down and this time the bollinger bands is squeezed and side ways which is a good indication.
On 25 Nov the moving average convergence divergence (MACD) was in bear cross and histogram was showing strong bearish trend and this time the MACD is in bull cross and histogram is showing weak bullish trend soon it can be changed to strong bullish trend.
The Stochastic is in bear cross and it may visit the oversold once more in the meanwhile the price action can move sideways.
Harmonic within harmonic:
Now withing this potential reversal zone of previous Crab pattern and in this channel the price action has formed another harmonic pattern and this time it is bullish Gartley pattern now lets see how this pattern is perfectly driven:
After intitial leg which is started from 25 Nov's candle stick the A to B leg is retraced between 0.618 to 0.786 then B to C leg is projected between 0.382 to 0.886 projection area of A to B leg (ignoring the spike) then sofar the C to D leg is retraced between 0.618 to 0.786 Fibonacci which is perfect as required for bullish Gartley and now we are in potential reversal zone of this gartley so on bigger pitcure we are in potential reversal zone of bullish Crab pattern where the price action has capacity to take almost 40% bullish move and on smaller picture the price action is in PRZ of bullish Gartley pattern with capacity to take bullish divergence upto 9 percent move.
Now according to both patterns we can set our buying and sell targets as below respectively:
The bigger Crab pattern:
Buy between: $0.23249 to $0.20982
Sell between: $0.25012 to $0.29287
The smaller Gartley pattern:
Buy between: 0.21457 to 0.20929
Sell between: 0.21873 to 0.22870
Regards,
Atif Akbar (moon333)
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2236). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.2495
TP2= @ 0.3145
TP3= @ 0.3800
SL= Break below S2
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2236). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.2495
TP2= @ 0.3145
TP3= @ 0.3800
SL= Break below S2
A second Chance to Buy in XRPUSDMidterm forecast:
0.370 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 61.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.370). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT , you have a second chance to buy above the suggested support line (0.370).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Trade Setup:
We opened 11 BUY trade(s) @ 0.32488 based on 'Valley' entry method at 2019.04.30.
Total Profit: 133457 pip
Closed trade(s): 33203 pip Profit
Open trade(s): 100254 pip Profit
Closed Profit:
TP1 @ 0.35520 touched at 2019.05.14 with 3032 pip Profit.
TP2 @ 0.38230 touched at 2019.05.14 with 5742 pip Profit.
TP3 @ 0.42415 touched at 2019.05.14 with 9927 pip Profit.
TP4 @ 0.46990 touched at 2019.05.14 with 14502 pip Profit.
3032 + 5742 + 9927 + 14502 = 33203
Open Profit:
Profit for one trade is 0.46810 (current price) - 0.32488 (open price) = 14322 pip
7 trade(s) still open, therefore total profit for open trade(s) is 14322 x 7 = 100254 pip
All SLs moved to Break-even point.
Take Profits:
TP5= @ 0.57000
TP6= @ 0.70580
TP7= @ 0.79100
TP8= @ 0.96780
TP9= @ 1.41240
TP10= @ 1.61350
TP11= Free
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.30000 to 0.26000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.30000)
Ending of entry zone (0.26000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.35520
TP2= @ 0.38230
TP3= @ 0.42415
TP4= @ 0.46990
TP5= @ 0.57000
TP6= @ 0.70580
TP7= @ 0.79100
TP8= @ 0.96780
TP9= @ 1.41240
TP10= @ 1.61350
TP11= Free
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.30000 to 0.26000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.30000)
Ending of entry zone (0.26000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.35520
TP2= @ 0.38230
TP3= @ 0.42415
TP4= @ 0.46990
TP5= @ 0.57000
TP6= @ 0.70580
TP7= @ 0.79100
TP8= @ 0.96780
TP9= @ 1.41240
TP10= @ 1.61350
TP11= Free
What if xrp can go to $0.14.. ?hi.
From the moment i openend my log scale i saw that there is a whole region that's never fulfilled before.
What if bitcoin breaks 3K is XRP also going to break it's recent floor again ?
0.14 is an option if you think the way i think. XRP went x650 last time... it's still overpriced even if the fundamentals are good now.
What do you think ? comment below.
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. RIPPLE/US Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.28900 to 0.24540). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.28900)
Ending of entry zone (0.24540)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.35520
TP2= @ 0.42415
TP3= @ 0.46990
TP4= @ 0.56400
TP5= @ 0.70580
TP6= @ 0.79100
TP7= @ 0.96780
TP8= @ 1.41240
TP9= @ 1.77360
TP10= @ 2.13480
TP11= @ 3.30310
TP12= Free
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. Ripple/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 51.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.28900 to 0.20200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.28900)
Ending of entry zone (0.20200)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.46990
TP2= @ 0.56400
TP3= @ 0.70580
TP4= @ 0.79100
TP5= @ 0.96780
TP6= @ 1.41240
TP7= @ 1.77360
TP8= @ 2.13480
TP9= @ 2.64860
TP10= @ 3.30310
TP11= Free
There is a possibility for the beginning of uptrend in XRPUSD Technical analysis:
. RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.450 to 0.320). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.450)
Ending of entry zone (0.320)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.55
TP2= @ 0.65
TP3= @ 0.77
TP4= @ 0.94
TP5= @ 1.18
TP6= @ 1.60
TP7= @ 2.34
TP8= @ 2.87
TP9= @ 3.53
TP10= Free
There is a possibility for the beginning of uptrend in XRPUSD Technical analysis:
. RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.450 to 0.320). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.450)
Ending of entry zone (0.320)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.55
TP2= @ 0.65
TP3= @ 0.77
TP4= @ 0.94
TP5= @ 1.18
TP6= @ 1.60
TP7= @ 2.34
TP8= @ 2.87
TP9= @ 3.53
TP10= Free
There is a possibility for the beginning of uptrend in XRPUSD Technical analysis:
.RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. Price is in the Support zone (0.450 to 0.320), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.450)
Ending of entry zone (0.320)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.55
TP2= @ 0.65
TP3= @ 0.77
TP4= @ 0.94
TP5= @ 1.18
TP6= @ 1.60
TP7= @ 2.34
TP8= @ 2.87
TP9= @ 3.53
TP10= Free
There is a possibility for the beginning of uptrend in XRPUSD Technical analysis:
.RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. Price is in the Support zone (0.450 to 0.320), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.450)
Ending of entry zone (0.320)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.55
TP2= @ 0.65
TP3= @ 0.77
TP4= @ 0.94
TP5= @ 1.18
TP6= @ 1.60
TP7= @ 2.34
TP8= @ 2.87
TP9= @ 3.53
TP10= Free
There is a possibility for the beginning of uptrend in RippleTechnical analysis:
. RIPPLE/DOLLAR is in a Range Bound and Beginning of up trend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.63 to 0.32). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.63)
. Ending of entry zone (0.32)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.94
TP2= @ 1.18
TP3= @ 1.63
TP4= @ 2.00
TP5= @ 2.36
TP6= @ 3.53
TP7= Free
There is a possibility for the beginning of uptrend in RippleTechnical analysis:
. RIPPLE/DOLLAR is in a Range Bound and Beginning of up trend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.63 to 0.32). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.63)
. Ending of entry zone (0.32)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.94
TP2= @ 1.18
TP3= @ 1.63
TP4= @ 2.00
TP5= @ 2.36
TP6= @ 3.53
TP7= Free