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Xrpusdsignal

XRPUSD Aug W.2: Long-term trend alert!Hi friends, I hope y'all having a profitable week ;) Today, we're looking at a possible long-term bearish drop. This trade idea is derived from this time frame only. The monthly is in a process of fully confirming it with a bearish reversal candle pattern formation. Having one time frame confirming a long-term signal, gives me an A- signal; if both the monthly and weekly confirmed the signal, that gives me an A+ signal. In this situation, the weekly is the only time frame. And that makes this trade idea a high risk one. With that said, let us take a look at how this trade triggered and how it will be dis-confirmed. Bulls: -If the price bullish breaks and retests the Mini Weekly Neckline 2 and 8 m.a, that will dis-confirm the trade but it will trigger a medium-term buy signal that will lead to a rally to the monthly bullish key level targets that were previously bearish broken and not retested during the huge crash. I posted the trade idea of that signal last week when the price broke and closed in between the short-term m.a's (they play a huge role in confirming a signal). Bears: -The price bounced off the Mini Weekly Neckline 2 with a bearish reversal candle pattern that led to a bearish break and retest of the 8 m.a, and that triggered the sell trade that will probably lead to a drop for the double tops L3. I call this type of trade signal a "Double Top C-E.1 signal". That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know your thoughts! Stay Blessed, Doji-2k1.
BITFINEX:XRPUSDShort
by Doji-2k1
XRP: If we break we sell!!XRP Intraday - We look to Sell a break of 0.3588 (stop at 0.3666) Short term momentum is bearish. Daily signals are bearish. A break of the recent low at 0.3590 should result in a further move lower. We look for losses to be extended today. Our profit targets will be 0.3401 and 0.3351 Resistance: 0.3700 / 0.3800 / 0.3900 Support: 0.3600 / 0.3500 / 0.3400 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal
VANTAGE:XRPUSDShort
by VantageMarkets
XRPUSD Aug 2022 W.1: Medium-term trend!Hi friends, I hope y'all had a fantastic weekend ;) Today, we're looking at a bullish counter-trend signal that's derived on the monthly time frame. If you look at the monthly, you'll see that the price closed with a bullish reversal candle pattern that represents the huge double tops accumulation phase. The patterns neckline was previous bearish broken and not retested together with other key levels. Usually, when the price broke and didn't retest key levels and closes with a reversal candle pattern that faces the targets. it trends or counter-trend to them. With that said, let us take a look at how the bulls and bears will trigger our trade and dis-confirm it. Bull: -If the price bearish spikes the 50 and 8 m.a's with a bullish reversal candle that's followed by a bullish break and retest of the Mini Weekly Neckline, that would trigger our trade and confirm the monthly's counter-trend signal. I call this type of trade signal a "Double Bottom B-E.2". Bears: -If the price forms a bearish reversal pattern that leads it to bearish break and retest the 4H Neckline 3 together with the 50 and bearish crossed short-term m.a's, that will dis-confirm our trade, and we'll wait for another set-up. That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know your thoughts! Stay Blessed, Doji.2k1
BITFINEX:XRPUSDLong
by Doji-2k1
A complete review of the popular Ripple currency in Elliott stylAccording to the complete review I did on the previous rising trend, I came to the conclusion that this rise was done during a complete wave (ABC). as a result : We have to wait for the completion of a full 5 waves. According to my research, we are now in wave 3 of decline. Wave 3 itself is an extended wave and 5 waves, which has already completed 3 waves out of 5 waves and we are currently making wave 4 from wave 3. This wave is erosive and with many fluctuations. Wave 4 itself moves in the form of (ABC), which is currently being created as wave (A). Make the most of the fluctuations of this wave. Note: This trend is a trend (ND.A), so if you use Fibonacci, the safest level to take the price floor is 50%. In this trend model, we see high volatility and large price shadows, so if you use 50% fibo, set your loss limit to 83%. (be successful and profitable)
Long
by Ali_Mozafarie
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