Price made a move while I was away from the charts but this moved was called in my first post of this week. There's a possible entry setting up with athe very tight stop. If price fails to hold above the weekly open we could see a tumble, if it holds above I see an aggressive rally for the rest of this week. If this entry doesn't play itself out I will be on...
$xrp made its way down to the blue highlighted zone as epected. Traded beautifully in and around it, there is a reason I highlighted this zone. If you look on the daily chart, the daily candle closed just above it with a slight deviation below. This tells me there is sensitivity at those levels. There are clearly marked areas to watch for signs of a reversal...
Target met at 0.1820 scaled off 50% the open postion. I currently have 25% still running with my stop loss moved to the weekly open. Now I am on high alert for a long opportunity. I will be watching how price develops for the rest of today and post an entry when it presents itself. I'm a fan of $xrp, both as an investor and a trader. Previous lows need to hold...
Aggressive sell off after retesting the weekly open. $xrp has been giving clear signs of its intentions over the past few weeks. It's been caught in a range with aggresive moves up and down. I believe the market is shaking out the weak before a big move. I'm of the opinion 0.22 will still be met. Price is moving down on a hunt for liquidity, the blue box is...
Price moved below the weekly open as expected. Closed off 25% to cover my loss on the previous short. Moved my stop losses to BE targets at 0.1820. Ideally looking for a bounce at 0.18 but, the market will do what ever it wants. Xrp still trading in a range imo. A lot of people need to be shaken out. I still believe the highs need to be taken out before we truly...
Since I'm anticipating a pullback I am going to hedge short in to my long entry. Price could move below the previous lows before the rally to higher daily highs. This way I'm covered in both sides of the market. I will watch this one closely and move stops to BE when it moves away form the entry, I still have a buy stop at 0.18 so I'm still bullish. This is just a scalp
While BTC has been moving sideways some of the other "major" cryptos have been giving clues to their direction. LTC is one of the clearer price charts in my view. The $40 pivot has been a very important price point for this pair, it seems to find equilibrium there. After a very bullish day yesterday the market moved sideways a majority of the day. The move...
Xrp dipped below the previous lows picking up a lot of orders and had a good talk to the upside. This move was called in my previous post, having missed the initial move I now expect a move down. I expect price to dip in to the blue box before a potential move higher. First target would be 0.19 and I will scale off 50% and move my stops to BE. I will take a...
On the monthly timeframe xrp is the only one of the crypto majors that spiked through 2017 lows before the bull run. Every since that deviation it has been printing higher highs, it makes sense to keep with the trend unless structure is broken. Agressive move down to start the week off, a long trade is on the radar. Catching a long now in the marked areas would...
The hedge trade was taken out at BE on the short side. Scaling 75% off the short trade, leave 25 % on with stops at BE. A move down to the blue box to pick up more orders is in play. Looking for a higher timeframe HL to form before a potential move higher. Could see prices as high as 0.22 - 0.24 If Xrp can't hold the lows it will go to zero. Imo
As mentioned in my previous idea, I'm waiting for XRP to make a higher low on the higher TF. Looking for price to take out the stops below the revious high or the x before the next move higher.
Xrp has been printing hh and higher lows. As long as it holds above the previous daily low I'm bullish. Having printed a higher high I now anticipate a run on the stops resting below the daily low before a rally to 0.22
Xrp was ranging then it finally broke to the upside. Saw distribution pattern befor the failure swing. Now expecting a rally to pick up more orders before dumping in to liquidity.