$XRP Ripple - Always be prepared$XRP next move could play out something like this. If you're bearish look at the bullish sides play out. If we break the bold white (resistance) line with force and stay above it I am still bearish on Ripple. After it breaks through I expect Ripple to increase significantly.
This is not trading advice. I do these charts only for fun and education purpose. Constructive criticism is always welcome, I am here to learn.
Ripplebtc
$XRP Ripple - Needs to break these strong resistance lines 4H$XRP needs to break these 2 major resistance lines that can be found on most hourly charts. I am still bearish on ripple until these are broken through and used as support. Will it break through soon or is there more downward time on ripple?
This is not trading advice. I do these chart's only for fun and education purpose. Constructive criticism is always welcome, I am here to learn.
$XRP Ripple - A major Resistance line 4 HI have spotted a major resistance line on the 4 hour chart with a lot of activity along it (mainly resistance). Once these major resistance lines are broken through we usually see a significant rise (or fall when acting as support). When previously broke through $XRP rose by 29%
This is not trading advice. I only do these charts for fun and a way of learning.
If you wish to folow me on twitter - @CryptoDowd
RIPPLE, UP AGAIN? Ripple has retraced after its breakout and is looking on its way up again. This is one of the top altcoins so if the breakout happens the FOMO can be big and we may be seeing Ripple fly again.
-THE MACD is close and indicates that a breakout is nearby
-STOCH RSI is in the middle and may be moving down which would indicate that the coins will move to Support 2
So far Ripple is testing its Support 1 however as stated above some indicators are showing movement down so...
Buy-in: 0.000082-83 BTC
Stop-loss: 0.00008 BTC
RE-BUY IN: 0.0000789 BTC
My targets are the resistances shown on the graph (resistance 1=target 1 etc.)
Good Luck, Traders!
Have we just seen this pattern with $XRP? RippleFrom my reading I see $XRP forming an ascending triangle. I'm also feeling quite bullish too so I marked off some resistance lines with a possibility of rising to 0.00009000.
This is never meant to be taken as trading advice these charts are something I do for fun and a way of learning.
If you wish to follow me on twitter follow @CryptoDowd
There is still possibility to buy in XRPBTC ...Technical analysis:
RIPPLE/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*Price is in the support zone (0.00009 to 0.00006), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00009)
Ending of entry zone (0.00006)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 5 Buy trade(s) @ 0.00008110 (day close price) based on 'Hammer' at 04.12.2018 signaled by our "Daily Trading Opportunity".
Total Profit: 2135 pip
Closed trade(s): 0 pip Profit
Open trade(s): 2135 pip Profit
Open Profit:
Profit for one trade is 0.00008537(current price) - 0.00008110(open price)= 427 pip
5 trade(s) still open, therefore total profit for open trade(s) is 427 x 5= 2135 pip
Take Profits:
TP1= @ 0.000125
TP2= @ 0.000146
TP3= @ 0.000178
TP4= @ 0.000229
TP5= Free
There is still possibility to buy in XRPBTC ...Technical analysis:
RIPPLE/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*Price is in the support zone (0.00009 to 0.00006), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00009)
Ending of entry zone (0.00006)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 5 Buy trade(s) @ 0.00008110 (day close price) based on 'Hammer' at 04.12.2018 signaled by our "Daily Trading Opportunity".
Total Profit: 2135 pip
Closed trade(s): 0 pip Profit
Open trade(s): 2135 pip Profit
Open Profit:
Profit for one trade is 0.00008537(current price) - 0.00008110(open price)= 427 pip
5 trade(s) still open, therefore total profit for open trade(s) is 427 x 5= 2135 pip
Take Profits:
TP1= @ 0.000125
TP2= @ 0.000146
TP3= @ 0.000178
TP4= @ 0.000229
TP5= Free
Ripple with a Chance to Break UP! (30-60% Profit Targets) READRipple with a Chance to Break UP! (30-60% Profit Targets)
Hello fellow traders, today will be the day I will begin to start publishing my ideas, as I believe we are approaching the end of our bear market cycles and are just starting to begin the historic bull run that many of us traders saw last summer.
Here, the first chart I am bringing to you guys is RIPPLE(XRP)
Charting:
1) We have a simple linear statistical regression, allowing statistics to capture a mathematical analysis of where ripple has been following in terms of trend. I have changed the colors from the default to indicate the bottom of the channel green, and top of the channel red. Many swing traders will scalp the markets using linear regression to allow math to show them the change of trends.
When charting, I like to draw my own trend lines as well as utilize this regression tool to find a happy medium between my illustrations and statistics.
Ripple is approaching the top of the trend and has formed a symmetrical triangle setting up a BREAK UP OR BREAK DOWN. We do not know the direction the triangle will break. THEREFORE, it is integral to WAIT and LOOK and volume. Volume will tell us the direction of the break, AND THE CHARTS WILL PRESENT A RETEST OF THE BREAKOUT.
This idea of a "RETEST" is important to understand to eliminate FOMO (Fear of Missing Out) on breakouts, and premium positions.
2) We have the AQUA trading zone, as this represents the accumulation of Ripple when the coin is not running up or down and rather SIDEWAYS. We had a break out of the rectangle, but we are on the verge of making a definite very soon.
3) Pay attention to volume, as we can see, there has been some false breaks of ripple as the price shoots up and then comes down as resistance. Do not fall for the mini pumps as the real break will be too significant to pass up.
4) Lastly, Moving Averages. I like to use 3 Moving averages them being 50,100,200 MAs respectively. I like these for my own taste because it gives me boundaries of price when compared to a tighter couple like 12, 26 Mas. From this analysis we can determine that there is a SQEEZE in price and moving average lines. When Sqeezes occur, the price battles sideways along little range of the moving averages, signally a breakout is imminent.
These are my few cents on ripple and am interested in earning my followers profit by following my educational analysis. This is not financial advice.
If you have any questions or thoughts on this educational analysis please feel free to comment below. Thank you!
XRP Breakout Incoming?XRPUSD with strong rising support on the 200 daily MA. This is making a nice base for a potential wedge breakout, could push the 0.236 zone where we start to see some major resistance. Downtrend line has been touched multiple times, traders are watching this. Watch the 200 MA and downtrend line for a breakout.
XRPBTC seeing support around 88sats, wedge breakout looks possible on XRPBTC. I find a wedge pattern on a USD and BTC chart make for a bullish trade opportunity. XRPBTC with resistance at 110k sats and then 140k sats. TP at both levels.
Ripple in the same Breakout Pattern as in December.Hey, I am back with another Technical Analysis, looking again at Ripple.
I was looking at Ripple few times before, each time before Ripple was looking ready for another moon shot, but have seen only few % grow.
As I was looking at the BTC chart I knew I have seen this same pattern before..
So I have opened a XRP/USD graph and it looks like the same old good pattern, this time not that long (12 up to 21 days compared to 200) but anyway it can lead to an first impulsive wave than can lead to a breakout.
Ripple is great utility coin that is being adopted so far by Japanese and American Banks, Walmart and Apple.
The only thing is that reportedly, 60% of coins is held by creators.
Taking look at the chart.
There is a clear pennant being formed, compare it to the last one that ended up with huge breakout.
Taking look at the Indicators.
BB - Shows great volatility, staying in the Triangle for now.
MACD - Undecisive.. Keeping it real, staying in the triangle, no major movements should occur as sellers and buyers are almost at same level.
RSI - Whenever was Ripple low on RSI, always have seen pretty pump, that shows demand for this coin. Again going crazy, once up another time down, good for this pennant. 52 being the key level.
I think thats about it.
Hope I made your view on whats going on with Ripple somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
$XRP Ripple is the wave count really finished?Ripple could be still in correction wave 4 and about to move up on wave 5. Here is a chart on where I see Ripple $XRP going if wave 5 is about to start.
This is never trading advice. I do these charts for fun and to learn.
If you wish to follow me on twitter my handle is @CryptoDowd
Ripple Scratching It's Head... What to do next? Ripple has settled down after its last rally and is looking to make another move.
Looks like if our support @ 10400 satoshis doesn't hold we're going straight back down to 7000 -ish satoshis area, but I'm leaning towards a more bullish scenario.
XRP ] Itself doesn't show any strong signs of slowing down and the entire market is overall bullish in my opinion.
Some targets because why not
10400
12400
14000
If Ripple decides to take the bearish route I'm setting my buys in the 8000 - 7000 satoshi range.
Lemme know what your thoughts are