This is a short that should not be missed. We have bearish divergences on the daily timeframe and the price is at the 0.5 retracement level. It could go up to the 0.65 retracement level, where is the resistance of the ascending broadening wedge so ladder your shorts carefully.
Lol 90% retrace? and people still think its overvalued XD Tp levels in image I rarely give signals out for free due to my VIP product but things are really looking good in the markets and I see big things coming so out of generosity this one is free remember STR buy signal of 2017? yeah same story again here with ripple.. speaking of that STR is breaking out...
Time for celebration for me! After 2 dead months in the Forex market (I could have made progress but I did not know it well enough), the USD finally broke out of consolidation (no fakeout please), and activity is finally going to be back. I have no reason to trade crypto now. I only traded crypto this summer because I had a hard time finding setups. Now, let me...
Well, let's just be honest, our good friend cripple is an even bigger scamcoin than ETH and LTC. That combined with the fact that XRP has broken down from a major trend line + important pivot supports = it's time to get out lol. Anyways, I want to let everyone out there who is hurting right now know that I am sorry you were scammed and I am sorry you were lied to...
Entry is now on the thin blue retrace line. Stop anywhere below but account for low volume slippage on the contract.
Here is what to look for in cripple. If you want to be ready next time the public gets excited, won't be right away thought. One fun thing to do is buy on supports sell when it bounces (as it gets really low it will just bounce more %), to get your initial investment back, but leave in your profit. you're in for free! :D For my part I'll only buy some cripple if...
Here are my personal thoughts. I have only been watching the market for 9 months
Although it could drop lower, the (4) line is normally where the ABC correction comes down to, while XRP could continue to do a 12345 downtrending, with volume coming back I believe at least in the short term it'll bounce next time it touches the (4). Stop losses set below the (4) on my long.
Not 100% if XRP is in ABC Correction because they have enough money to artificially keep the price up if they really wanted too , but due to decreasing volume and obvious signs of bull exhaustion, I think this correction is justified. My target is a 30% correction from the 19k fib but it could only drop to (4) before reversing the trend. Not trading advice,...
If the price can hold the uptrend support expect a strong move upward and use Fibonacci for Profit Taking Areas. If the uptrend supports are broken open a short on Ripple Futures or Ripple and also use Fibonacci for Profit Taking Areas. Possibly being way to overhyped / valued? Seems like a large portion of buyers are chasing the profit opportunity or new people...
Red targets are places to enter. This one is long term