XRP/USD BULLISH SET UP (4 HR)XRP Has been performing extremely well these past couple of weeks.
As you can see the up trend I have marked up is still in play, & the downtrend I had marked up was broken. So that clearly tells me we have a bullish set up in place. Very excited to see what happens these next few months left in the year. I feel as if there was a lot of maturity from the people involved in crypto, people are becoming more level headed and is a good sign for growth in this space.
Xrpusdsetup
XRPUSD Long OpportunityHi guys its Brian here.
XRPUSD is currently sitting right at the support of the 200 EMA which has proved to be a solid support where price has previously bounced off it couple of times.
If XRPUSD bounces off the support, it is likely to continue upward within the yellow range zone. If 200 EMA support doesn't hold then the long is invalidated and stop loss should be placed slightly below the support. The downward momentum currently is pretty strong so don't try to catch a falling knife. May want to enter after price bounces off the support to be safe.
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XRPUSD IDEAXRPUSD
LOOKIG AT A TREND RESPECT WHEN WE SEE THE 0.44136 GET HIT.
WE DO HAVE A SUPPORT ZONE AROUND THE 0.44136-0.47445 AREAS.
SO WE ARE POSSIBLY LOOKING FOR THE PUSH UP WITH THE RESPECT OF THIS TREND AND SUPPORT LEVELS.
TARGET 1: 0.47445
TARGET 2: 0.51517
TARGET 3: 0.55482
ONCE WE GET A CLEAR BREAK OF TARGET 2 WE WILL MOST LIKELY SEE THIS KEEP RISING UP FOR A BIT LONGER.
**PROPER RISK MANAGEMENT NEEDED**
**PAST CHARTS DO NOT GUARANTEE FUTURE CHARTS TO GO AS PLANNED**
XRPUSD LONG to $2.00Not sure this is a huge channel or I stumbled onto something so perfect it just might work.
After drawing a fib expansion and the retracement. I noticed the ripple market is actually in a huge ABCD pattern and we just finished A & B if all plays well we should hit $2.00 before March 1st see a slight pull back then head the $3.70 zone. This is such a weird find. What do you guys think. I'm open to any ideas but it sets up the exact same. I was cloning lines from the historical data and this was the result.
CRYPTO : XRPUSD RIPPLE LONG SETUPThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.
CRYPTO : XRPUSD Ripple Long Trade Setup This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.