tinwooki

tinwooki

Possible XRP trade options: If remaining bullish on XRP, place a buy order on the 38.2% fib @ 1.28, trade it up to resistance @ 1.45, 13% reward and quite a low risk considering it is quite a clear level of support sitting on the 38.2% fib. Another option to buy off the 21 EMA for a lower % trade, could look at a 5:1 RRR.

tinwooki

Really pleased to see this nice break out on XRP after a nice contraction zone/consolidation rectangle play out over the last couple of days. Bottom of the zone lined up pefectly with the 23.6% fib retracement which gave me bullish signals, mixed with XRP being in a strong up trend. Buy order filled on the circle on the bullish engulfing. Stop loss adjusted at...

tinwooki

Just charted this which I'm pretty stoked about using my contraction zone technique, have found it to be quite accurate about where to find a good entry after big retracements like we saw these last couple of days as that contraction zone really shows where there has been a tight fight between buyers and sellers. Aligned almost perfectly with the 38.2% fib and was...

tinwooki

Its a bit difficult to explain but what I look for on the 4hr is a contraction of price over a few candles where its just kept really tight. I drew it on my charts in the colour coded rectangles with the colour coded circles which indicate where i would enter. So obviously you have to trade with the trend so BTC is going up so with most of these Im looking for...