XRPUSDT : BullishGood Day Traders! Today we will take a closer look on XRPUSDT as it shows significant strength for these past 2-3 days.
XRPUSDT managed to broke out the bearish trendline formed on the previous market crash. The volume and price action looks solid and ready to push price further up. On another point of view, we can see that it also managed to broke the ascending triangle resistance and successfully formed a strong bullish trendline.
Be mindful that a correction is extremely likely to happen as it is nearing its resistance cluster. The roadmap are shown on the chart above
Conclusion: Find an opportunity to take a LONG position whenever it approaches the newly formed trendline
Xrpusdtsignal
XRPUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 1.3 - 1.6 - 1.8
after first target reached move ur stop to breakeven
stop: under 0.86 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
XRPUSDT AnalysisAs we can see from the chart
Stop Loss -> 0.90
Entry Point -> 0.95 - 1.05
Take Profit -> 1.12 - 1.22 - 1.32
If u take my suggestion,going by the trend I believe it will cross all my targets and potentially reach closer to $1.4.
Good luck everyone!
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Thanks.
Long On XRPUSDT.Kindly like, comment and follow for more ideas,
***** This trade idea is on spot trading. I do not recommend futures for this particular trade. *****
* I see potential POI ranging from 0.9764 to 0.7632
* It should be a perfect buying opportunity with stop loss at 0.5239
Reason;
* First of all, you can see perfect cup and handle formation on daily and weekly time frame which indicates Bullish trend coming up soon. Secondly,
* I always use Fib retracement as my basic strategy as well as support and resistance . I see a perfect retracement on golden zone range between 61.8 to 78.6 that is 0.8875 to 0.7632.
* Take profits are just truly based on inverse FIBS
* Note that, take profits after usual cup and handle is different, i will note it down if you wish to follow those take profits and i will explain them why it is set that way;
Take profit 1 is equal to the size of the handle. ie., 1.7810
Take profit 2 is equal to the size of the cup. ie., 3.4928
* Stop loss is set at 0.5239 as it will break 1.00 on FIBS and make a new LL.
* Keep you short loss small and profits big
* This trade is 1:11 risk to reward ratio.
* This is not financial advice. Invest only what you are prepared to lose and do not predict the movements, READ the charts.
Best wishes,
Zaki
XRPUSDT Analysis (midterm)Hello friends.
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Everything on the chart.
While we are above 0.86, I tend more for continue to grow
open pos: market and lower
target: 1.3 - 1.6 - 2
after first target reached move ur stop to breakeven
stop: ~0.84(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 6
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).
XRPUSDT signalHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 1.135 and 1.8
after first target reached move ur stop to breakeven
stop: ~1.02 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(Looking for investors!).
XRPUSDt signalHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: 1.25-1.27
target: 1.35 and 1.45
after first target reached move ur stop to breakeven
stop: 1.19 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
Good luck everyone!
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(Looking for investors!).
XRPUSDT might get a Pullback before going up
Welcome back Traders, Investors, and Community!
Hi Traders, XRPUSDT is moving up closing to the end of the triangle, if it breaks above the Resistance line it might go high up to 0.9298, however it might get a Pullback around 0.5803 before it goes higher.
On the H1 it seems that it’s going to break below the Support for a Pullback before it goes higher.
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