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Xrpshort

XRP Is Useless, But It Will Make You Money SoonShort term bearish look on XRP, not convinced we see a pop out of here as buyers just don't have the price they want yet as the trend lines show no 'big' reaction from buyers as volume is still just lying there. Where are the buyers? I believe the Buyers are lined up at .26 cents for the drop and completion of wave 5. This would ultimately be a no-brainer for a long position as this is the ideal spot in regards to risk/reward ratio setup. This is where I would have my bids placed, right at the 161.8 for an instant reaction from buyers. This is not financial advise, good luck everyone.
BITSTAMP:XRPUSDShort
by thejdela
XRP, A 'Buy' at .26 - .27 centsLots of signs of a coming reversal for XRP, but it might be probable to think there would be one more sell off before price really starts to turn. I personally think we will see XRP at .70 cents, but I'm not risking a buy in here as there are no clear signs of a 'bottom' yet and still see that bearish divergence playing out some more. I am waiting for regular bullish divergence on the daily time frame to hop in for a long position. And a drop to .27 cents would likely print this bullish divergence. We already have hidden bullish divergence printing, but a drop would invalidate it and then hopefully give us regular bullish divergence for a 5 wave completion and then an ABC or WXY out of there for a bullish reversal. Volume agrees with this as sellers are losing interest in selling anymore - this is a big key indicator for me to notice bearishness dying off, as a reversal will happen soon as people accumulate. Now we wait for buyers to get that price they want to engulf remaining supply and start an uptrend. We have retraced quite a bit already, so it's not a bad idea to cost average buys in - you can't get the bottom perfect every time. Let me know why I am wrong, I would like to hear your guy's thoughts as that will help me look at it differently. Consider giving me a follow! Send me a chart request to do. Stay safe out there, wait for low risk / high reward entries. I am not a financial adviser, I post this for personal use and don't recommend anyone use me as a buy or sell signal.
BITSTAMP:XRPUSDShort
by thejdela
$XRPUSD sees dbl bottom and parabolic upswing$XRPUSD is long overdue for a correction and we are seeing bullish divergence making an entry for a quick short position looking better with volume confirmation to follow. Trade set at neutral as it is too soon to tell for a long position could unfold. Time will tell. Stop loss is present. Trade carefully. Will update with more info later. Disclaimer This is not financial advise nor should be regarded as such. Always invest carefully and make your own decisions with your own money. Have a great weekend.
BITFINEX:XRPUSD
by UnknownUnicorn3861629
XRP - detailed elliot wave count (5/14 - 6/19) and projectionsKRAKEN:XRPUSD Let's look at this potential elliot wave count, beginning 5/14/19 thru today 6/1/19. Note the RSI bearishly diverging, setting up sizable corrections. These are some of the signals that catch my eye, prompting me to enter high probability short positions, with tight stop losses. My projected targets: This is NOT financial advice! MY KEYS FOR SUCCESS: Look to trend lines for support and resistance and WAIT FOR CONFIRMATION. When I review a chart, I start on higher time frames, and work my way down to the 5 min chart. It's VERY IMPORTANT to keep the bigger picture in mind. Always. Diagonals have proven to be very reliable signals for me. ALWAYS have a stop loss planned out, and manage your positions! Personally, I've found success starting with 1/2% to 1% stop loss with AT LEAST a 2:1 win ratio. When in an active trade, I will look for waves and patterns to adjust my stop loss to PROTECT MY PROFITS. Once in a trade, I NEVER increase my stop loss beyond 1%. When (not if) I enter a bad position, I'd rather lose 1% and re-enter in a better position than increase my loss potential. Although I play both, short positions appeal more to me than longs. I am bullish long term. Like, leave your feedback, and good luck trading!
KRAKEN:XRPUSDLong
by sucmabolsac
XRP FORMING A FALLING WEDGE? +40% OR A FAILED FORMATION?Good afternoon ladies and gents. Today I bring to you a XRP/USDT chart on Binance. On a daily chart I see a falling wedge forming? Correct me if im wrong but these bad boys break upwards, sometimes. BTC/XRP pairing is known for going against each other as one rises and pushes the other down, well, today we are not talking about BTC. Rather, XRP has been losing value on LOW volume, that tells me theres a bullish move incoming in my opinion, again, correct me if I'm wrong. A Falling wedge. The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam. XRP has been quite boring in price action and its due for an impulse move to the downside or to the upside, if you were to ask me, Im longing this, set stops accordingly to your risk reward ratio liking! GG to all traders! Entry: .2950 - .3150 Target: .4107 - .4242
Long
by METMORIU