XRPBTC - GANN KNOWS!Applying the Gann Fan from the extreme low and the extreme high, and analyzing the intersections, we can begin to see (clearly) where the market has been, and maybe, where it's going!!
Keep in mind, the $1.48 & the $2.85 are a couple of targets that I'll be keeping an eye once price begins to climb out of this long winded rut!
For now, the price is UP and if it continues, I'll be interested to see how price will handle the $0.77 cents area!
(Additionally, I'm leaning into the idea that Bitcoin drops while XRP pursues the $0.77 cent range)
Cheers!
XRPBTC trade ideas
XRPBTC Diamond Big Enough To See On The Monthly ChartWe have a Diamond pattern forming at these lows here on the Monthly XRP Chart. Diamonds are inherently Neutral Patterns but given the fact that XRP is currently sitting closer to Horizontal Support than it is from Resistance; I'd say the edge is leaning somewhat more towards the Bullish Scenario Here.
I'll be Posting a Macro Chart for the XRPUSDT Pair soon the compliment this setup and when i do it will be in the related ideas section below.
XRP breaks out of 18 MONTH TRENDLINE RESISTANCEXRP/BTC is looking bullish. We just had an 18 month trendline resistance broken. One that held us down all the way from May last year. you know what they say, the longer the base, the higher into space!
this thing is gonna rip. We just had a good sign of strength breakout with high volume.
On top of this breakout we have more confluences of strength as the pair is holding above a critical level the 200 week moving average. It held us down for the last year but now we are finally above.
Macd crossing looks great
One key thing is that if you look at the btc dominance chart it is teetering around its multi year support level. I think it is going to crack and breakdown leading to an alt season and xrp finally having its turn.
Give a follow if you like my analysis!
XRPBTC dip buying with view to break higherTrade Idea: Buying XRPBTC
Reasoning: Potential bullish flag formation on longer term chart with support at lower end
Entry Level: 0.00002486
Take Profit Level: 0.00002666
Stop Loss: 0.00002426
Risk/Reward: 3:1
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$XRP - gentle reminder this still Aliveremember this moves like a chad coin when it does
had promised myself to enlist in the ripple army when things looks up
heard some thing about the SEC finally giving in
really bullish for crypto if it happens
just poked above daily range , a close here abouts would be a full sned imo
XRP - Falling Wedge Breakout! Watch retest dip to load up more!Whales/elites will not miss any opportunities into making money. They simply buy the fear, hype up the market, take profit and crash it again after taking profit. Instead of beating then, lets ride with them! ;)
Majority got Rekt last year due to listening to the "Bullish" Narratives the media and Social Media Influencers were portraying last year! Stop listening to them and start paying attention to the technicals.
Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short-term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News is manipulated by the elites, and they take advantage of our emotions. Stop listening to the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts:
The Best Opportunity is when the RSI and Stochastic RSI are in between the Orange Box and the Fear and Greed index is at "Extreme Fear"!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
When XRP breaks out of the trendline, expect 10x vs BTCCheck out this trendline dating back 2017.
When XRP Ripple wins the trial case, that's probably when XRP will break out of this crazy trendline dating back 2017.
It'll explode like you've never seen anything explode before!
And this is XRPBTC, not XRPUSD! BTC will increase too!
If you can be patient, XRP is probably the best risk / reward ratio out of all ALTS.
XRP - What Dead Coins Look LikeSo many XRP fanboys still around hoping XRP can relive former glories...
But look back at those big bullish candles.
Really it was all over at the start of 2018.
And since the top of the last bullish candle of September 2019, all its done is dribble down and down 87% against BTC.
More to come I would imagine.
Hope is not a trading strategy.
Not advice.