XRPUSDT
Lovely triangle on XRPNice and simple breakout of triangle using Vema trader, I used the crossing strat (of horizontal line) paired with an on candle close order, meaning it entered me on the 4Hr when the candle closed below this level.
Shorted this down to a previous price level. Simple but works!
Excuse my stop loss, it was more of a guess than anything as I had to predict where there might be market structure, as I was AFK when it triggered.
✅Think like a Whale, act like a Whale! ✅In Crypto Space most of the Whales keep their value in BTC (900B marketcap) instead of USDT. (65B marketcap). There are significant exchanges from btc to large-scale projects such as XRP when these reach favorable relative values. Trading volumes are ridiculously higher in 2021, so we anticipate a big rise in the price of XRP over the next few weeks.
PS: Some people think that studing prices versus BTC is not important but, special if you are a swing trader, it is crucial.
Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
. This illustrates that the downward trend is coming to an end .
. When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal .
. The pattern is confirmed once the price breaches the neckline resistance .
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order below the neckline.
TARGET:
We can also calculate a target by measuring the high point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
❤️ If you find this helpful and want more FREE forecasts in TradingView
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
. This illustrates that the downward trend is coming to an end .
. When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal .
. The pattern is confirmed once the price breaches the neckline resistance .
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order below the neckline.
TARGET:
We can also calculate a target by measuring the high point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Where fundamentals outshine TA, XRP and AlibabaIt is still the early days for many coins!
Over time we will see many coins die off as cryptocurrencies with stronger fundamentals and larger market caps live on. Comparable to the dotcom bubble in 2000.
I acknowledge there will be a period of time between this where it will be 'stormy' where the overall cryptocurrency market cap will increase. This is the best time to capitalize on projects that you dont see holding longevity.
I highly doubt this will be a completely alt coin friendly world.
XRP is an example of a coin with strong fundamentals (integration with banks, developed network) yet weak TA (not much to analyze)
Often you will see coins showing TA that promises huge potential (massive bull flags, huge falling wedges), yet will have weak fundamentals. This i see as bait.
Choose your cryptocurrencies wisely.
I am long XRP.
Bix
BTCUSD: Does opinion of crypto influencers matter?Influencer Social Market Sentiment is one of the 6 types of social alerts that RoninAi project is producing.
The 6 types of social alerts are presented below:
1. Market Manipulation Alert
2. Market Trend Reversal Index
3. Market Trend Intensity Indicator
4. Market Top and Bottom Index
5. Influencer Social Market Sentiment
6. Institutional Volume Signals
When Crypto Influencers speak up on Twitter, we collect their tweet sentiment and produce an index.
Recent results of how Influencer Social Market Sentiment caught the recent rally?
Entry: Jul 4, 2020 at 2:09AM EST
Exit: Jul 8, 2020 at 7:16PM EST
Return = 3.9% with almost no drawdown.
These Social Alerts are good for COINBASE:BTCUSD , COINBASE:ETHUSD , COINBASE:LTCUSD , COINBASE:BCHUSD , and COINBASE:XRPUSD .
For more info, feel free to drop your questions in the comments.
XRP/USD Swing StrategyHi guys, here is a simple Swing Trading strategy for Ripple BINANCE:XRPUSDT
To trade this strategy manually you will need the SuperTrend indicator, paired with a 25 bars EMA as trend filter.
Set the ATR multiplier to 2 and the lookback to 3 bars.
Filter trades whose ADX on the 1 Day timeframe is below 12.
Backtest results below.
Configuration:
To get the indicator and automate the strategy, use the link below, thanks.
XRP 11 11 windowIndiana had daylight savings time which means these charts can change on me by an hr forward. This being said the time is now gaged 10 - 12 am for me until I can see how it lines up. Overall we know we get a nice move usually 1hr or 12 hrs off the 11am / 11pm markers
I call this the window of structure formation when I trade XRP. Reversals tend to happen for accumulation or trend testing / continuation. Pivot points develop around this time. Catch the right pivot then ya might catch a leg C to D or D to E around this time. Use it to your advantage when you are counting up your signals for your bias. It will help. If we are on 11-2 of the 1333911-2 pattern we will repeat 1 impulse with a 3 to the third power move to follow after. Thus giving us 9 moves into the direction from the "1" impulse.
1 - look for the first impulse leg
333 - The onion layers kaleidoscope trade formula
9 - total moves 3 tests 3 rejects 3 patterns
11 - Window of opportunity time
2 - There is always 2 strong opportunities in a structure a buy or sell off the 11am and 11pm price action within 3hrs 9 - 12 am window for this to develop. It is best to trade this idea every other day and NOT on Mondays.
I don't expect a lot to understand this....but those with trading experience will see what kind of structure these could create and what follows. If we fall after Swell and cannot hold above .30 well we will see a discounted price for the rest of the year. If we hold above .30 then hell yes we can go to .50 cents
But we need to show that buyers have become so strong we change our level of support from .25 to .30
Makes sense right? Much love everyone. Trade safe as always.
XRP did 36% in August and 45% in September, but not for you!Hello my dear XRP traders/HODLers, hope you're doing well! ;)
I'm extremely excited to introduce you to our Odin framework, which will give you solid profit from the get-go. Also I'm going to explain you how you can automate the strategy if you don't want to actively trade it. You can get a trial version for $50 already! ;) Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
XRP: 30% Profit! When Are You Going To Learn Shorting?Hello dear XRP traders/HODLers/friends, hope you're doing well guys.
XRP got completely crushed yesterday when BTC broke the Weekly Equilibrium. I'm going to show you in this video how you could've hedged your 'HODL' positions in XRP to profit from the short break. Edgy is now partnering with Bybit to give you the best trading experience ever. Don't keep hodling when you have amazing trading opportunity like this! ;) Have fun watching and check out our links in the signature.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
XRP: Textbook Descending Triangle!Have a look at the previous video analysis guys:
=>We perfectly anticipated the Descending Triangle shaping up. Since we're in a bullish upmove, we don't have to break it bearish: both break directions are possible, and are gonna highly depend on BTC.
On that note also the direct correlation XRP/BTC is perfectly shaping up a Falling Wedge , with 3 Doji candles right now:
=> The Falling Wedge is usually a bullish continuation pattern, esp. after a strong upmove. But again, this will depend on BTC's price action.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Ripple (XRP USD/USDT) Support Levels by Request + LearningThis is an analysis by request. Please hit LIKE to start reading...
Ok my dear readers and beloved cryptocurrency traders, this is Alan Masters and I Love You! But what I actually mean is that you should always say... "I KNOW THAT I AM BLESSED AND I LIVE WITHIN THAT KNOWING. I LOVE & ACCEPT MYSELF NOW & ALWAYS"... Namaste.
Without making you read anymore love related paragraphs... Here are the support levels for Ripple (XRPUSDT) based on the Binance chart.
Ripple (XRPUSDT) Support Levels by Alan Masters
(1) $0.24
(2) $0.19 (The entire red rectangle is a demand zone)
(3) $0.14 (The orange rectangle is the next one)
Now, the question asked by one of our great followers:
"How likely are we go to as low as support (3)?"
(Feel free to leave your questions in the comments section below)
Here is a possible scenario:
but wait... here is my answer:
I don't see it as very likely unless XRPUSDT continues in bear mode for a very long time or if there is a flash crash/dump, which in turn would result in a quick bounce. So instead we focus on price action and check the candle close every week.
Example: This week closes today and we are below Fib. 0.236 @$0.30. If the weekly candle closes below this level, then we can expect to test our first support at $0.24. If the candle closes above then XRPUSDT has the chance to test EMA10 ($0.39).
I know this article is a bit disorganized, I apologize but hopefully it helped you understand better XRPUSD next support...
If yes... hit LIKE... MORE OPPORTUNITIES WILL ALWAYS COME...
TO YOU!
Alan Masters here...
Namaste.
XRPBTC: Are You Afraid of The Market? Well, Don't be...Hi All,
Hope all your trades are going well, It's All in the Chart.
"Be Brave, Be Deterministic, Overcome The Odds, It can be Done." ― Stephen Hawking. Both Time & Change will occur with or without us. Start today by preparing to do what is necessary & by the time you realize it, you're doing what others perceive as impossible, due to their self doubt of their own mental fortitude. And remember procrastination only leads to failure instead of success. Fully understand that 2018 has been bear market And a lot of people over extend themselves in the market. However it's no reason to be dismay nor feeling despaired.
Never forget its Mind over Matter. Start by changing how you think, act, react, how you treat others, how you treat yourself & letting others know your intentions. Then you can start responding to different obstacles in a positive manner, instead of reacting to life obstacles. Only then, will life start responding to you (you).
You can do it with different variance of your life not just crypto or investing. You are somebody, you do matter, you can make the necessary changes which are needed to change your life for the better, you can accomplish your dreams by setting goals and creating plans which prepares you for all unforeseen obstacles. You are the master of your destiny. Lose your victim mentality, by never blaming others for what is out of your control.
“Watch your thoughts; they become words. Watch your words; they become actions. Watch your actions; they become habit. Watch your habits; they become character. Watch your character; it becomes your destiny.” ― Lao Tzu.
Focus on what you can control and be repetitive so it becomes second nature to you. Take responsibility for your words, acts, or your actions, and take ownership of your mistakes and apologize. "Strengthen your confidence to be your true self in a world of people who don’t know who you are, where you come from, or what you know. " I firmly believe in you all.
For the past couple of days I have read many articles making claims such as the King BTC is Dead and so are the other cryptocurrencies. These articles shared their views and provided reasons as to why these publications believe the industry as a whole is very risky, creates a gamblers mentality, or self identification to the underline assets. And that is perfectly fine because we as investors and traders within the Crypto sphere, should be objective and open minded when reading or listening to counter argument as to why we maybe wrong in our assessments of the overall market.
By no means does this give us the right to call their articles or podcast bias, uninformed or FUD. Because I want us all to remember these news publications, economist, central bankers, authors, and so on and so forth currently govern our reality via different publications & media outlets. So it becomes extremely easy for these companies or individuals to investigate our market to understand the market dynamic and or to manipulate it. One thing I would like for all of us in the Crypto sphere to always keep in mind, decentralization fight maybe lost in the short term due to governing bodies, scams and ICO.
Remember crypto movement is not a quick get rich scheme, nor a short term adoption process by the masses. When investing never invest any amount you are not okay leaving and forgetting about for 3-5 years or even longer. Also when investing into a newer asset, the risk factor surpass even long term speculative markets such as bonds, mutual funds, housing, stocks, or even fiat.
Hence never invest more than you can afford to lose. Never leave yourself susceptible to manipulation. Crypto as a whole as a great deal of work ahead of each project I.e., scaling solutions, custody, Dapps for the masses to utilized, easy on and off ramp without the masses knowing they're using Crypto, governing policies, regulations for ICO & STO. Reason why I remain a firm believer in long term investment in this market. Regardless if I'm wrong or right, because until there are fully functioning Dapps we are just speculating. As someone who works in the IT industry, I understand website and application development are already tough enough.
Developers are now trying to Implement Dapp Utilizing cryptographic keys on a peer to peer basis. These task is currently unfeasible for scaling because the larger the node count the more decentralize the network becomes. However, these projects are sacrificing scalability for centralization. Mainly, because the more node count the slower the network becomes which is why most projects are starting to Implement side-chains. Decentralization network does not require every transaction to register on to the blockchain for a successful throughput.
This is why it becomes Imperative for the creators of this projects to start focusing on fewer Implementation of the Dapps which are being created. Instead of creating a jack of all trade Dapps. Developers should instead focus on creating two to four utilization for both Dapps and Platforms. White papers are simply fantasies unless implemented and products a build from them. Please remember this is technological revolution which will take time to develop. Only focus on price action if you are trading.
Be sure to follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People....