XRPETH trade ideas
XRP Finally Retests Major Resistance As Support! (XRP/ETH)Ladies and gentleman, I give you a long overdue update on the XRP/ETH pairing. Last September, I swapped the ETH I had bought at $215 for XRP when it had broken out of the 15000 major long term resistance area. Then, I ultimately purchased ETH separately at $107. In any case, I mentioned that eventually XRP may have to retest that 15000 area as support. We've finally done it. Here, it'll be interesting to see if XRP can go on a long overdue run and reclaim the #2 spot again, if only briefly. Perhaps it can even reach a new ATH on the ratio (targets at green X's).
I guess we'll see. On the downside, if the 15000 area breaks, the next support is around 11000-12000. Below that would be 9000. If you know my style, I like to look at all the pairings of a coin to analyze its potential. I need to see where money is flowing from all angles in the market. To me, it's clear that traders profited immensely from that breakout in September, and are now getting satisfied with their ETH profits. It should be noted that XRP has still outperformed ETH since September 2018. The 26000 level is where XRP begins to surpass ETH in terms of market share.
Here are my first two XRP/ETH charts for reference:
Where I claimed that massive ETH profits could be taken and to watch for a retest of 15000
This is not financial advice!
-Victor Cobra
XRP/ETH Long Positionit is at the bottom of ascending channel
good situation to enter a longterm position Ripple/Ethereum .
XRP / ETH Falling WedgeXRP / ETH Falling Wedge
XRP / ETH is not a commonly traded pair or studied chart.
Falling Wedge is a bullish pattern with a higher probability to break up than down.
Ethereum is bullish against the dollar; if this breaks up this would be very bullish for XRP.
Valari Bot Feedback XRP/ETH LONG 2019-04-05 Hello everyone,
XRP single buy 0.02200
P.S Taking longs on ripple does not really look that bad now, but the bounce might take a while.
All the best
ripple my nipplesWhite line is a heads up. pink lines would be a solid buy zone. orange line is all in. next stop, mars
Ripple XRP/ETH Bullish AF Wave 2 ending very soon.Ripple looks really good here,
This chart shows that XRP/ETH has formed a beautiful Cup and Handle .
This indicates one ore more of these scenarios:
Ethereum will fall at a faster rate than XRP.
XRP will increase faster than Ethereum will rise.
XRP and ETH will move in drastic opposite directions.
If you've been into cryptos long enough you KNOW what XRP can do when it gets bullish .
over the last 6 months it has done nothing but declined at a steady rate. Meanwhile, breaking down from countless bullish patterns and indications.
I think that if we make the assumption (which I m keen to) that BTC , along with the entire market will fall over the next couple of weeks. Then I believe the assumption based off my TA and paired with the idea that XRP is inversely correlated to Bitcoin , that XRP will have a rise as the rest of the market falls.
I hope this helps!
Thanks!
XRPETH %Ripple gonna plus Ultra soonOur main focus is on 0.00228419 ETH and on second thought, if the train has enough power to extend, then 0.00242358 ETH is where we all shall take into consideration ( look at second chart that i shared below, was based on daily timeframe )
T2 is my favorite in this case!Our previous look was
T1 reached and
1.618 sure still possible but T2 is a very strong area!
Sure all depends on BTC and ETH price evolution also!
If Eth explodes and Xrp late with upside price action than 1.618 extensions easy can happen!!
XRP/ETH - RIPPLE ABOUT TO GO CRAZY!!!!XRP/BTC is going to POP!
XRP/USD is going to POP!
And I decided to check XRP/ETH and WOW!
A cup and handle that has been forming got over a year?!
WTF is this?!?
+ We are about to hit the .618 Fib to finish this handle!
more implications that we are about to go up BIG TIME!
I would love for all of you to upvote this and come join my channel! :)
make sure you also follow me here if you like my posts!
I hope this helps you guys and please always stay safe!
Looks impossible in this moment maybe!In case that we will have a big price climbing of eth after hard fork, this scenario is very possible!!!
A second Chance to Buy in XRPETH...Technical analysis:
. RIPPLE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.002169). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.002169).
Entry signal:
Signal to enter the market occurs when the price comes to " Support line " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley ", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about " Entry signal " and special version of our " Price Action " strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 0.00093753 based on '2-D Hammer' entry method at 08.11.2018.
Total Profit: 794321 pip
Closed trade(s): 525229 pip Profit
Open trade(s): 269092 pip Profit
Closed Profit:
TP1 @ 0.001080 touched at 08.17.2018 with 14247 Profit.
TP2 @ 0.001130 touched at 08.17.2018 with 19247 Profit.
TP3 @ 0.001172 touched at 08.17.2018 with 23447 Profit.
TP4 @ 0.001321 touched at 09.06.2018 with 38347 Profit.
TP5 @ 0.001555 touched at 09.12.2018 with 61747 Profit.
TP6 @ 0.002349 touched at 09.21.2018 with 141147 Profit.
TP7 @ 0.003208 touched at 09.21.2018 with 227047 Profit.
14247 + 19247 + 23447 + 38347 + 61747 + 141147 + 227047 = 525229
Open Profit:
Profit for one trade is 0.00228299 (current price) - 0.00093753 (open price) = 134546 pip
2 trade(s) still open, therefore total profit for open trade(s) is 134546 x 2 = 269092 pip
All SLs moved to Break-even point.
Take Profit:
TP8= @ 0.003850
TP9= Free
A second Chance to Buy in XRPETH...Technical analysis:
. RIPPLE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.00218715). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00218715).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 0.00093753 based on '2-D Hammer' entry method at 08.11.2018.
Total Profit: 794275 pip
Closed trade(s): 525229 pip Profit
Open trade(s): 269046 pip Profit
Closed Profit:
TP1 @ 0.001080 touched at 08.17.2018 with 14247 Profit.
TP2 @ 0.001130 touched at 08.17.2018 with 19247 Profit.
TP3 @ 0.001172 touched at 08.17.2018 with 23447 Profit.
TP4 @ 0.001321 touched at 09.06.2018 with 38347 Profit.
TP5 @ 0.001555 touched at 09.12.2018 with 61747 Profit.
TP6 @ 0.002349 touched at 09.21.2018 with 141147 Profit.
TP7 @ 0.003208 touched at 09.21.2018 with 227047 Profit.
14247 + 19247 + 23447 + 38347 + 61747 + 141147 + 227047 = 525229
Open Profit:
Profit for one trade is 0.00228276 (current price) - 0.00093753 (open price) = 134523 pip
2 trade(s) still open, therefore total profit for open trade(s) is 134523 x 2 = 269046 pip
All SLs moved to Break-even point.
Take Profit:
TP8= @ 0.003850
TP9= Free
