Ripple (XRP) Made 27.74% on XRP in past 6 days. New trade setup.
Updated
The past three XRP trades I have gained 13%, 5% and 9%. You may check them out in the related ideas section.
XRP is now approaching weak support, and looking at past fractals, we should get a bounce back to 7780 at the very least. Even if we do not, it is almost certain we will get a bounce here.
Therefore, you may long.
Buy:
7000 satoshi
Stop Loss:
6840 satoshi
Take profit:
Manual. I am aiming for 7700+ but it is very hard to tell exactly.
However, if XRP holds at support but breaks bear fractals, it is very likely another drop is coming, so be wary.
If XRP does bounce, it is good to short the bounce, as we have broken long time support already. The short entries are listed on the chart. I personally am already short XRP and in great profit, but I will join this long trade on an alternate account.
Thanks for viewing! I read all the comments and reply instantly. Keep in mind the S-886 pattern is not meant to be taken seriously haha.
XRP is now approaching weak support, and looking at past fractals, we should get a bounce back to 7780 at the very least. Even if we do not, it is almost certain we will get a bounce here.
Therefore, you may long.
Buy:
7000 satoshi
Stop Loss:
6840 satoshi
Take profit:
Manual. I am aiming for 7700+ but it is very hard to tell exactly.
However, if XRP holds at support but breaks bear fractals, it is very likely another drop is coming, so be wary.
If XRP does bounce, it is good to short the bounce, as we have broken long time support already. The short entries are listed on the chart. I personally am already short XRP and in great profit, but I will join this long trade on an alternate account.
Thanks for viewing! I read all the comments and reply instantly. Keep in mind the S-886 pattern is not meant to be taken seriously haha.
Note
I expect consolidation at this area before a move up.Note
Keep in mind I am still short here with a short entry of 8100+.I am longing on my alt. Longing XRP is very risk as the trend is down, so you are trying to catch a bounce.
Note
I closed my long for 2.1% profit. I am still going to be longing but after it comes down a bit more.Note
Note
Developed enough that we can have a semi decent stop loss.
Note
Looks like 7600 is possible for XRPZ18Note
Trade looks bad unless it can hold and break new bull fractal. If you longed, you are in 1.59% profit right now. Have a stop loss at entry so you do not lose anything.Note
XRP looks like it could make it to 7800. That will be a very good short entry.Note
Do not be greedy and hope for another XRP pump. Longing coins after the hype has ended is very risky.Trade closed: target reached
Hey guys, you can still hold this trade but I have moved my money to Tron and have made 5%. I plan on making a new XRP chart.If you bought when I told you to, you would have been exposed to 3% upside.
If you shorted tron during my short zone, you would be currently up 5%.
I know many of you do not take my trades. I am doing this for free after all.
Trade closed manually
Anyways, the next trade will almost certainly be an XRP short. I am waiting for a good entry price. If we drop from here, that break of support can also be the entry.
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