Xrpusdtbuy
XRPUSDT Symmetrical Triangle & Seems BullishXRPUSDT Symmetrical Triangle & Seems Bullish
We need to have a confirmed breakout and retest.
Open Trade IF AND ONLY IF the setup is validated. Follow the setup carefully!
Buying Zones:
BZ1: 1.77
BZ2. 1.8
Targets:
TP1 1.9692
TP2 2.2120
TP3: @2.65
Stop Loss: 1.46
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
Ascending or descending triangle?This is an ascending triangle, but it is possible that Bitcoin will fall and XRP will have a downward trend, which you do not need to worry about and you can set an order and think about buying, and it is actively marked in the chart in my target.
In Time Trigger, you can take two buy / Long positions, one of which is the purple line, and the stop is below the trend line. And in case of stop, you can activate the order in the two parts specified in the chart below, the targets are also specified. Do not forget the 15May timeline
Xrp to the moon? 🚀Hello Traders , Hope you are having a wonderful weekend 🙌 .
Today I want to share my thoughts on XRP. As you can see, XRP is in the accumulation and price is moving in a triangle ( blue lines ) but to which
side? UP or DOWN ?
In my opinion, we are hearing some good news about ripple`s court and also exchanges are likely to relist XRP again so sounds like it is going to break the triangle upward and see a good bullish move from XRP. If this scenario happens, we are going to see 0.75$-0.80$ at least.
There are 2 strong resistance in front of XRP :
A ) 0.75$-0.80$ ( purple range ) is a strong resistance area + B) The long term yellow descending line ( around 0.70$ )
So overall, 0.70$-0.80$ area is the biggest resistance in front of XRP which in my opinion, by relisting XRP again in big exchanges, this resistance is going to
get powdered and God knows where is XRP going to? 🚀😎
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on XRP. ✌
XRP/USD - Possible purchasePossible purchase after level breakdown.
Important level 0.20649$
Extreme candle looks like a pin bar.
Which means the desire to buy prevails.
Buying only after it's broken down and fixed.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!