Ripple, Rising From The Dead (55% PROFIT)
Updated
Hello Friends!
You trading companion BitBotly here with a smoking-hot, never ever seen before, look behind the scenes!
As you know, our algorithms provide free signals to all our beta-testers. During the last 24H, our algorithms has given our beta tester two signals.
Let's check them out and try to interpret the algorithmic analysis!
First and foremost, the first signal (18 aug 09.15) was given from our algorithm Skippy which actually provided some good reasons:
1. XRPUSD Overextended by 7.95%
2. Pullback required to continue to the upside
After this signal, we and some of our beta-testers choose to follow through with the signal. When Ripple "mooned" and started to show weakness in the form of big bear candles and large negative volume(18 aug 22.45), we decided to get out of the market, to keep our profits large.
We sent a message to all our beta-testers who were in the trade too, so they could close the trade.
So with a margin of 1.0:3.3 (Bitfinex) Our algorithm gave us 55% profit in less than 16 hours
Our capital grew even more and this is the most profitable trade (yet) coming from Skippy.
You can find the full trading history here
We're very pleased that this trade gave us 3241 $ in profit. Thanks Skippy! :)
So, enough about the past, let's look at the future!
Skippy gave us another signal this morning (aug 18 06.30) to buy in the buy zone. Why?
1. XRPUSD is falling towards MA
2. Expect bounce on MA and further upside
As usual, we sent out Skippy's signal to our early beta-testers and put a limit order in the buy zone.
We are currently filled, and in the market, with a Long that's currently looking good.
There are also fundamental reasons why Ripple is rising, XRP CEO has announced they will focus on China, with such a large audience already in China. expect Ripple to rise from the dead.
This has been your boy, BitBotly
With the help of Skippy
Follow us for more trading analysis!
And as always, happy trading!
You trading companion BitBotly here with a smoking-hot, never ever seen before, look behind the scenes!
As you know, our algorithms provide free signals to all our beta-testers. During the last 24H, our algorithms has given our beta tester two signals.
Let's check them out and try to interpret the algorithmic analysis!
First and foremost, the first signal (18 aug 09.15) was given from our algorithm Skippy which actually provided some good reasons:
1. XRPUSD Overextended by 7.95%
2. Pullback required to continue to the upside
After this signal, we and some of our beta-testers choose to follow through with the signal. When Ripple "mooned" and started to show weakness in the form of big bear candles and large negative volume(18 aug 22.45), we decided to get out of the market, to keep our profits large.
We sent a message to all our beta-testers who were in the trade too, so they could close the trade.
So with a margin of 1.0:3.3 (Bitfinex) Our algorithm gave us 55% profit in less than 16 hours
Our capital grew even more and this is the most profitable trade (yet) coming from Skippy.
You can find the full trading history here
We're very pleased that this trade gave us 3241 $ in profit. Thanks Skippy! :)
So, enough about the past, let's look at the future!
Skippy gave us another signal this morning (aug 18 06.30) to buy in the buy zone. Why?
1. XRPUSD is falling towards MA
2. Expect bounce on MA and further upside
As usual, we sent out Skippy's signal to our early beta-testers and put a limit order in the buy zone.
We are currently filled, and in the market, with a Long that's currently looking good.
There are also fundamental reasons why Ripple is rising, XRP CEO has announced they will focus on China, with such a large audience already in China. expect Ripple to rise from the dead.
This has been your boy, BitBotly
With the help of Skippy
Follow us for more trading analysis!
And as always, happy trading!
Trade closed manually
We got another 11,5% Profit from this trade! Check out the updated analysis here
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.