XRP/USD ShortWe recommend start short Ripple cryptocurrency at zone 2.85 or 2.75. Now we look a greate oppertunity for correction.
Xrpusdshort
XRPUSD - SETUP - WEEKLY CONTINUATION - 28 MAYWELCOME TO DACAPITAL TRADING!!
XRPUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Bearish closure below previous week low, slow price movement don´t like this one..
DAILY
Melting daily candle with a very strong closure and new low formed
WEEKLY
Overall very bullish last 4 weeks following this break
LEVELS
SHORT @ 0.57097
SL @ 0.58308
TP1 @ 0.55887
TP2 @ 0.55186
TP3 @ 0.54612
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!
Enjoy our limited Free Content and Setups,
leave us a like and Comment!!
DACAPITAL TRADING
XRPUSD It's a confusing time in the markets at the moment. So stepping back and zooming out removes the noise and often gives me a better view.
XRP is looking like a great buy to me. With the potential to x1 in the short term and x6 plus in the long term. The product is strong, but do
your own analysis of Ripple. An inverted head and shoulders gives us a potential target. Be prepared for further lows in the short term.
The market does what the market makers want it to do :)
I'm bullish on Ripple, long term.
Elliott wave analysis of Ripple (XRPUSD) 4hr tfPrevious post on Ripple (XRPUSD) can be found here:
It was mentioned in the previous post that Ripple (XRPUSD) would likely resume an uptrend after consolidating above Support area 2 which coincides with the 0.618% retracement of the uptrend from ~$0.47 to a price close of ~$0.87 on April 20, 2018.
Price action from ~$0.66 on May 11, 2018 till the time of this post is shaping up to be a regular flat Elliott wave structure. Completion of the structure should see XRP target between ~$0.74 and $0.77. Also adding to a bearish scenario is the presence of the 38.2% (~$0.75) retracement coinciding with the Target area as shown on the chart.
The implication of the completion of the Elliott wave structure implies that more selling awaits XRPUSD.Any consideration of a long (buy) position is safer on a breakout about ~$0.81 which is marked as POE (point of entry) on the chart.
Point of invalidation (POI) for the current analysis is placed below support area 2.
XRP can possibly slump to 0,5530 cent based on this patternWe are currently in a downtrend on XRP
The price is shaping a range and downward wedge, which can mean a bullish breakout.
But as this is on the 4H chart and lower.
More likely is a same extension leg size down into support of the bigger wedge.
Before we bounce up.
Ripple on lifesupport? Or just faking?Ripple ain't lookin so hot right now. We have had it rebound off of the support channel I drew, and it didn't even make it back up to 78-80 cents but has moved down sooner which is not a good sign.
1. We have DAILY MACD moving into negative territory.
2. Created a fail of a rebound.
3. On the 4 hour, we have a cross IN NEGATIVE territory. Oh my.
4. Also on the 4 hour, you will notice those MA's converge right where the fail was.
All in all, this does not bode very well for ripple for any sustained move to the upside.
If you remember, on our first trade I said take half of our profits at 90 cents and should have been stopped out with the rest.
On the second trade off that support area I said "Be fickel with it and get out at break even or with profit.
You shouldn't have any loses right now. If you are still in this, you better be comfortable taking a ride down to 50 cents, maybe 28 cents and possibly not coming back for a while.
IF, a BIG IF, there is any hope of Ripple moving higher it HAS to hold this area. HAS TO.
Best of luck,
-Sherem
Daytraiding with Ripple. Breakout strategy
Enter Long/Short After Breakout and candles is closed
Yesterday's Test Setup for Closed Signal Group on Wolfe Waves is worked perfectly.
XRPUSD - SETUP - WEEKLY CONTINUATION - 9 MAYWELCOME TO DACAPITAL TRADING!!
XRPUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Very bearish Price action pushing and forming new lows
DAILY
4th Bearish Daily Candle forming and breaking out of actual price range
WEEKLY
Not much movement last 3 weeks, we started to move to the downside now
LEVELS
SHORT @ 0.77193
SL @ 0.81419 (5,5 %)
TP1 @ 0.72866 (RR 1.0 = 5,5 %)
TP2 @ 0.70804 (RR 1.5 = 8,3 %)
TP3 @ 0.68640 (RR 2.0 = 11 %)
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!
Enjoy our limited Free Content and Setups,
leave us a like and Comment!!
DACAPITAL TRADING
Ripple about to bust lower?Ripple has been sitting in this 80-90 cent channel for a while now and my 2 resistance points have held up nicely. Normally you could throw a buy order and play these bounces and if you decide to do that use caution. We have seen BTC breaking down, ETH breaking down and there is an SEC hearing tonight and we don't know how that will affect crypto, if at all.
What's more, we have the MACD rolling down on the daily and RSI also confirming divergence, this would lead me to believe we would get more of a push down then a full rebound up to 90 cents, maybe 85 cents in the cards but I would use more caution at this point.
Happy Trading,
-Sherem
XRPUSD to go down soon (120+ pips)XRPUSD could continue the trend by bouncing back up to the upper trendline, however the break down is coming soon as well
Ripple. Flat Ending?
For several weeks the Ripple is in a certain area of consolidation. The breakout of one of the parties will serve as a signal to open a position. Short or long
Ripple's Market Overview
Hey. Enter long after the breakout or correctional fork, or on the breakdown of the trigger to long. I also want to tell you about my interesting indicator called as "trend Cloud". Here are the cloud features in more detail:
Support/resistance breakout, to indicate trend strength of support and resistance(the wider the cloud, the stronger the trend), the slope of the trend. The equilibrium price of the trend(when the price goes away from the cloud it comes to test it in 80%, my signals on the cloud algorithms are also well sometimes practiced, the state of uncertainty flat (when the price in the cloud is trading). Confirmation of the correction / trend when the price is trading below or above the cloud, the entries in the position and much more shows this my wonderful indicator. The indicator took me enough time, and if you are willing to use it, it will cost you a small amount of $ 10 per month. Put likes and subscribe, so you will give me motivation and fight with my laziness. All the best
Not a Happy Pattern: RippleRipple is not creating a happy pattern with much of any potential to the upside. While BTC and ETH are trying to form a continuation pattern. Ripple just isn't at the moment.
Daily chart.
MACD looking bad, about to cross.
RSI not happy
Zooming in we have MACD about to cross and we are forming this descending triangle, which is not a happy sign. We really need to test this 91 cent area again for a continuation move. If we get a clean break of 80 cents, we are going to 70 cents at least.
If you are still in a position take half off the table and set a stop. Use caution and happy trading.
-Sherem
RIPPLEif we manage to surpass the the level of 0.93~0.95 then we will go further than 1$
//NOT A TRADING ADVISE//
Swing Trading with Ripple. Short Signal
Oh yeah. The picture in Ripley is beautiful and crystal clear. In the last idea, we looked at a beautiful triangle with you. Who gave us 8, 9% of the profits! As always, I was right, and my subscribers in the profit. As always, my levels worked out with jewelry.
Now another signal from me to short positions. That's a lot of signals. Targets on schedule. Put likes and subscribe to me. A good profits
Daytraiding with Ripple. Bullish trend. Triangle Part
In the last idea we discussed the correction of altcoins. They started much earlier than bitcoin and brought us a good profit. As we remember we took almost 7.5%! for a short position. In this idea, we consider intraday trading. We have before us a bullish triangle that I have seen since yesterday. I think he's ready. Targets on the chart. Stop loss can below the wave C
XRPUSD (Ripple) 4hr tf analysis: Bullish biasPrice action from ~$0.47 on April 6, 2018 up to ~$0.69 on April 13, 2018 has been identified in this analysis as a Minute wave ((a)) position. A correction, i.e. Minute wave ((b)) is currently on after which Minute wave ((c)) should follow.
The implication of the above is that the price of XRPUSD (Ripple) should resume its bullish trend with prices moving higher. Further evidence of a bullish bias for XRPUSD is the termination of a minor wave degree (wave 5) and an intermediate wave degree i.e. wave (Y). Both of these suggest that prices should move higher and any reaction against the current uptrend should be crushed by XRPUSD bulls.
Support 1 (between $0.61 and $0.63) or Support 2 ($0.54 and $0.58) is expected to offer a floor for price action and then resumption of the current uptrend.
The first target area for XRPUSD after resumption of the uptrend is ~ between $1.08 and $1.23. A higher target region (not shown here) lies between ~$1.57 and $1.73
Point of invalidation of this analysis (POI)is price closing below ~$0.45
Daytraiding with Ripple. Ending diagonal triangle
before us 5 pulses in the form of a finite diagonal triangle, everything happened as I expected. Targets on the chart for short positions. Good day, good night everyone
XRPUSD (Ripple)1 hour tf analysisPrice action for XRPUSD (Ripple) from open ~$0.46 on April 01, 2018 up to price close of ~$0.55 on April 04,2018 is identified in this analysis as a Minute wave ((a)). A 3 wave (corrective) move back to ~$0.46 i.e. Minute wave ((b)) implies that the entire structure should be a regular flat Elliott wave structure. Minute wave ((c)) is expected to retrace Minute wave (a) by 100%.
Other projections for the likely end of Minute wave ((c)) are 123.6% or 138.2% of wave ((a)), which are ~$0.55 and ~$0.57 respectively.
POI (Point of invalidation) is a price close below $0.46.
Other projections for the likely end of Minute wave (c) are 123.6% or 138.2% of wave (a), which are ~$0.55 and ~$0.57 respectively.
POI (Point of invalidation) is a price close below $0.46
XRP in danger zone. Possible short to 0.20000. Fib retracement!Crypto currencies I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for NEO now !
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What about my ' Cycle phenomenon' ? read here:
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Don't forget to follow me, so you get updated when I post new ones. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
