XRP; 2 strategies. $4.12 long term target! Another explosion?
Updated
Risk: Low/ Medium
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. I just started posting since this month and and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-) Because my channel is increasing just as fast as Ripple. Sometimes I can't respond to everyone (It's not personal ;))
I received a lot of questions about buy back levels for not missing the train again, so I made two strategies for you. I put the risk on medium, because a pullback is logical after this rapid increase. We reduce the risk with these strategies:
1st strategy:
Buy: If an hour candle closes above the blue horizontal line. (yellow arrow)
(Click the play button on the chart for confirmation)
2nd strategy (long term):
Buy back in levels:
1.88 (Buy small)
1.72 (Buy/add medium)
1.52 (Buy/add medium)
1.25 (Buy/add big)
Targets:
Target 1: 2,78
Target 2: 3,05
Target 3: 3,49
Target 4: 4,08
Support levels: Raising blue lines, fibbo levels and 50ma.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. I just started posting since this month and and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-) Because my channel is increasing just as fast as Ripple. Sometimes I can't respond to everyone (It's not personal ;))
I received a lot of questions about buy back levels for not missing the train again, so I made two strategies for you. I put the risk on medium, because a pullback is logical after this rapid increase. We reduce the risk with these strategies:
1st strategy:
Buy: If an hour candle closes above the blue horizontal line. (yellow arrow)
(Click the play button on the chart for confirmation)
2nd strategy (long term):
Buy back in levels:
1.88 (Buy small)
1.72 (Buy/add medium)
1.52 (Buy/add medium)
1.25 (Buy/add big)
Targets:
Target 1: 2,78
Target 2: 3,05
Target 3: 3,49
Target 4: 4,08
Support levels: Raising blue lines, fibbo levels and 50ma.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
Trade active
We are trading towards our $2.78 target. We could find resistance in the 2.44 and 2.50 zone.
Btw, the best wishes to you all! I started the year perfectly with great gains on both the stock market and the cryptomarket. Good luck!
Trade active
1st strategy is also active. We closed above resistance and after the breakout we touched this old resistance two times. The old resistance might be a new support level. (2.30)Trade closed: target reached
First target reached, we perfectly touched it again.Target 1: 2.78
24 High 2.78536
I'll keep you updated about our next targets.
Trade closed: target reached
Target 1: ReachedTarget 2: Reached
I'll keep you posted about our next targets.
Trade active
I took some profit around target 1 and target 2 and I expanded my position again at 2.34.Trade active
Good chances to buy now.Trade active
8-1 Expanded my position at 2.00. Sold at 2.40. 10-1 Expanded my position at 1.70
Order cancelled
I posted a new Ripple chart with new targets. I'll stop updating this idea. Besides that I've posted some education and 5 penny stocks to spread your investments. Check my channel or the link below. tradingview.com/chart/ALNOV/7qZoKe40-Penny-stocks-Novacyt-1-5-Education-Spread-your-investments/
Related publications
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.