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Xrpusdlong

Another scenario - bump & run pattern Firstly idea spotted by @_Crypto_Maniac_ - im just adding some more details with below explanation for learning purposes Bullish Bump and Run The bullish bump and run is the same setup of the bearish pattern, just on the opposite side of the trade. The bullish bump and run pattern starts with a standard bearish trend. Suddenly, a relatively big bearish trend impulse appears on the chart – the bump. After new lows are reached, the price action reverses, reaches the bearish trend line and breaks it upwards to start a fresh bullish move – the run. 5 Tips to Confirm a Bump and Run Chart Pattern The structure of the bump and run pattern is very specific. Therefore, you should carefully examine the chart pattern before placing a trade. 1) Angle of the General Trend First, you need to identify a trending stock. The inclination of the pattern should be anywhere between 30 and 45 degrees on the chart. 2) Angle of the Bump The bump on the chart should definitely be steeper. After all, it is a trend impulse, right? The valid bump would have an inclination anywhere between 45 and 60 degrees on the chart. 3) Trading Volumes Volumes are crucial for the validity of the bump and run formation. During the preceding trend, the volumes are usually low. Then the bump appears on the chart and volumes will tend to spike higher. This helps the stock accelerate higher, creating the actual bump on the chart. 4) Bump and Run Pattern Sizes Another crucial aspect of the bump and run structure is the size of the bump compared to the previous impulses.
POLONIEX:XRPUSDLong
by AdonisB
BTC & XRP - Possible ScenariosHi everyone, Markets seems to be indecisive and with the current price action we might have to consider multiple scenarios. As traders and investors it's very important to have multiple scenarios in mind so we can be fully prepared, or at least, as best as possible! The ABC wave could be still in the making, with B Wave already ending (thus didn't extend that high) -» C Wave should than happen after we break down out of this consolidation. The ABC wave could be invalidated ( this can happen since nothing is a certainty) and we might see a bullish break after this consolidation -» we then have to see if we retrace back to the previous 1.9 zone and can break it. How we eventually break it is to be seen. BTC is still king and thus dictates most of the time what will happen. So far it didn't manage to break up it's previous support thus making it a resistance after it fell out if the wedge. Kind regards, Noel
KRAKEN:XRPUSD
by itsnoelv
XRP sluggish recovery could delay upswing to $2 Ripple stalls short of $1.5 after rebounding from areas around $0.85. Consolidation will likely take precedence based on the prevailing technical picture. Ripple attempted to extend the up leg past $1.5 on Tuesday, but bulls hit a wall at $1.47. A minor correction occurred with the price sliding under the 100 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, XRP trades at $1.39 while bulls battle the immediate moving average resistance. The short-term technical picture brings to light a potential sideways trading action. This follows the Relative Strength Index (RSI) on the four-hour chart stalling slightly under the overbought region. The indicator levels at 60 imply that the tug between the bears and the bulls is at a stalemate. Similarly, the Moving Average Convergence Divergence (MACD) indicator affirms the consolidation period. The indicator assumes a leveling motion in the positive region, thus the possibility of the sideways trading taking over. It is vital to note that the MACD line (blue) has settled above the signal line, which means that buyers still have the upper hand. Therefore, making a confirmed break above $1.4 may validate the uptrend. On the other hand, breaking above $1.5 could trigger more buy orders as speculation mounts for gains beyond $2. On the flip side, another daily close under the 100 SMA could see the overhead pressure mount. On the downside, correction from the current price levels may retest the support at $1.2 if the 50 SMA does little to stop the losses. If push comes to shove, XRP may freefall to $1 and perhaps retest the primary support at $0.85. Ripple intraday levels Spot rate: $1.4 Trend: Sideways trading Volatility: Low Support: $1.2 and $1 Resistance: $1.5
BITFINEX:XRPUSD
by CoinGape
XRP when M00n ?so let's sit and see where XRP will go on his next move while the King is starting to be strong again. XRP could easily reach 10$ at the end of this cycle or much more, anyone knows, time will speak. Like Fibonnacci said " Everything goes up have to go down ", according to this rule the way up could be followed by some retracements, just the basic way of traders life. --------------------------------------------------------------------------------- Trading Parts : --------------------------------------------------------------------------------- Take Profits Zones : - Tp1 : 2.5$ - Tp2 : 3.5$ (2017 Bull Run ATH) --------------------------------------------------------------------------------- Retracement Buy zone : - 1$ Starting to become a good support - 0.75 Strong support on EMA100 - 0.60 When XRP reach back this Zone it's a free gift. All in. --------------------------------------------------------------------------------- Like always trade safe and Watchout for the King Moves ! Happy Tr4Ding !
Long
by thecryer
11
XRP/USDT : Buy setup | RR 5.73 | Breakout is being confirmedBINANCE:XRPUSDT Hello everyone 😃 XRP had a breakout from it's bearish trendline and current candle is very critical for bulls. If current candle closed above bearish trendline; Then we will take a bag after a retest ! If it didn't happen, We'll locate a better entry at lower supports. However MACD had a bullish crossover on 8H timeframe but it's better to play safe. Also FIBBO 50% on current timeframe could be a good support for XRP... Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
72
XRPUSD analysis- $2.00+ is around the cornerhere is my analysis on xrpusd, the price at the moment has hit my previous resistance level, moreover, retested the previous trendline. I see xrp move down to my next level of support, if this level is rejected, price action would have formed an inverse head and shoulders (nice bullish confluence), and also retested the trend line (red lines) I have tried drawing my future plan on xrp if you go back to my previous posts, a couple of days ago. XRP has practically mirrored my analysis im extremely confident on seeing xrp $2.00+ Please comment and like if you agree!
BITSTAMP:XRPUSDLong
by Charl13Scrutton
4
XRP recaptures bullish momentum, drawing close to $2 Ripple closes in on $1.5 after rebounding from critical support at $1. XRP breaks out of a falling wedge pattern as technical align for a significant recovery. Ripple is up 26% over the last 24 hours following a rebound from the support established at $1. This recovery took place in tandem with Bitcoin’s return above $50,000 and Ethereum’s rally past $2,500. XRP trades at $1.4 at the time of writing amid the bullish impact from the falling wedge pattern. The four-hour chart brings to light the formation of the highly bullish pattern. Note that falling wedge molds amid a downtrend. Two trend lines converge to make the pattern, connecting lower highs and lower lows. As the gap between the lines narrows, the asset moves closer to breakout. Usually, an ultimate uplift occurs once the price cracks the upper trend line’s resistance. For instance, Ripple is in the middle of the breakout, bouncing off the support at $1. Meanwhile, bulls seek support above $1.4, which will allow them to focus on highs above $1.5 and toward $2. The immediate upside is capped by resistance at the 100 Simple Moving Average (SMA). If broken, Ripple will quickly face the remaining hurdles heading to $2. Besides the wedge pattern breakout, the Ripple’s uptrend has been supported by the Moving Average Convergence Divergence (MACD) indicator. The indicator has reentered to positive territory, and the MACD line (blue) crosses above the signal line. If the technical picture remains unchanged, the uptrend will continue throughout the coming sessions. The Relative Strength Index (RSI) also validates the uptrend after making a gradual recovery from the oversold region. Cracking its way into the overbought area would trigger more buy orders adding to the tailwind for gains toward $2. Ripple intraday levels Spot rate: $1.4 Trend: Bullish Volatility: High Support: The 50 SMA on the four-hour chart, $1.12 and $1 Resistance: The 100 SMA, $1.5 and $2
BITFINEX:XRPUSDLong
by CoinGape
1
XRPUSD 1.33080 + 28.33 % LONG IDEA * PRICE ACTIONHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE XRP / USD. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
BITFINEX:XRPUSDLong
by PULEMokhothu