XRPBTC : 40% upside move possible in coming days - LONGXRPBTC had recently broken out from falling wedge, and price tested resistance around 0.00003050 BTC Before dropping back below 0.00002800 BTC. XRP is currently trading at 0.00002890 BTC.
Considering the high open interest rate on BitMEX, We can soon see a drop in bitcoin value from a 10000-10300$ range. The upcoming drop in Bitcoin value will cause a quick drop in Major altcoins as well.
XRPBTC should also drop from the current value and reach a support range: 0.00002625-2768 BTC. 0.00002625 Area is also neckline support of falling wedge from which xrp broke out last time.
XRPBTC is currently holding support above 21,50 and 100MA. Losing of 100 MA support will push the price down to test 21MA support at 0.00002625 BTC area.
As other major coins - TRX, ADA, ETH, ADA, and EOS have already re-tested the high from July'19. XRP should also follow its lead and breakout from 0.00003 BTC in the next few days.
Trade Signal:
XRPBTC LONG
Entries: 0.00002650-2800 BTC
Exit: 0.00003700-4000 BTC
STOP: 0.00002400 BTC
Xrpbtctechnicalanalysis
XRPBTC Maintaining Higher LowsXRPBTC has been on three major bull runs, while maintaining an uptrend. Fractal ribbon can be seen to be in the buy zone.. Sorry if the chart is a bit cluttered hard to fit all this information in. Linear regression isn't quite important in this scenario, but i thought it would be cool to see a 0.91 downtrend smash
XRPBTC Has Formed BAT Pattern And Ready For Upto 38% MovePriceline of Ripple / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the pattern's move:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this BAT pattern now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection then it can also lead to the long term bullish move, so as per Fibonacci sequence method we can set our targets as below:
Buy between: 0.00002668 to 0.00002527
Sell between: 0.00003005 to 0.00003509
Regards,
Atif Akbar (moon333)
XRPBTC breakout!Pairing looks solid with green horizontals and red representing stop:
TP1 3386
TP2 3572
TP3 3586
Stop @ 2967
This is a second wave pending volume confirmations from the second XRPUSD publication in which I was referencing in my earlier publication earlier last week. This is a short-mid term entry. Highly volatile.
Disclaimer
Not financial advise
-@a1mtarabichi
DBL BOTTOM— XRP wave incomingI would suggest making an entry soon as possible if this was a financial advice pertinent publication; unfortunately it’s just for entertainment purposes so nothing to see here folks *wink*
Targets and stop being viable for both XRPBTC AND XRPUSD with XRPBTC pairing short set at 3767sats and the aforementioned in the publication above!
Burkowski never disappoints as we have yet another double bottom this week...they seem to be popping up like a Mormon newlyweds couple’s children!
Stop losses folks !
Cheers,
Happy Monday !
-@a1mTarabichi
Thinking About BUYING XRP (Ripple)??? Are you thinking about buying ripple?
This one lonely trendline is the single most important technical indicator right now!
As long as price remains under it, XRP is clearly not a buy! At least not for the long-term!
If you're not a day trader and you're in the HODL category, then make sure to wait until this trendline breaks before considering a buy!
Feel free to leave your thoughts in the comments.
Please be respectful to any and all who leave comments so we can utilize this platform to help each other and build each other up!
XRPBTC LONG Reasons:
1.very very long trendline in play we talking 883 days
2. An liquidity pool where every time price reach got a boost to the upside
3. Every time we got six or seven month red candles and a big bullish one after
its a good Risk reward trade if you long from here
Targets one 0.000040
Target two 0.000070
Fibo Wedge Reveals opening on both SHORT and LONG XRPBTC
For whatever reason; chart is not publishing as it is on my screen so I've reprinted the SS above ^
T1-4 with TP1 & 2 being SHORTSELL exits (48-80 hrs)
TP3 a mid position (timeframe 3-5 days)
TP4 a LONG position (>7 days -- pointless to speculate)
OFC stop @ 3151 <-- MOST IMPORTANT FIGURE!!
So I'm leaving this a neutral publication as there is virtually an entry/exit for whatever position (contingent on what type of trader) you are.
Personally; when BTCUSD is sideways/bearish I always like to snipe whatever quick shorts on alts I can...so I usually pivot from my typical EMA50/EMA21 and venture into lower, high-risk/high-reward entries and toe the line between day/swing trading (if I have the extra time) for pairing against ANYTHIHNG other than FIAT USD is a TERRIBLE DECISION and something I would NOT ENCOURAGE AMATEURS TO DO! If you are not an experienced trader; let me reiterate, DO NOT BOTHER EXPERIMENTING WITH OTHER PAIRINGS BESIDES USD UNLESS YOU ARE WILLING TO LOSE, as these are very difficult trades to pinpoint timeframes/exits seeing as how you need not only BTC to decrease but the coin you're pairing it against to increase in volume/priceaction: so your normal indicators don't typically apply in certain contexts.
This is why I only stick to top 25-50 market cap coins & I don't trade in any coin (nothing in my portfolio) that I don't know everything about -- from the whitepaper, dev team, roadmap, updates, etc. everything...
I never understood how forextraders could take a position on a cryptocurrency when they haven't read the whitepaper...it makes absolutely no sense and boggles the mind!
Would you invest in a product/service if you had NO IDEA what it did ? Just because the charts look decent? If so than you're a fool!
With that being said, have a wonderful day.
Peace & Love.
- @a1mTarabichi
DISCLAIMER
NOT FINANCIAL ADVISE
XRPBTC Potential Long ReversalHi guys its Brian here with a potential long setup for XRPBTC.
XRP has been taking some serious damage for the past 2 months or so. However today it is one of the coins that is in the green amongst the sea of red.
Currently XRP is having its 4th green day on the daily time frame. MACD has just started to cross to the upside. Stochastic RSI has already crossed up and RSI is pointing up as well.
This is a somewhat high risk high return trade because there is a possibility that XRP has not yet bottomed out. However it is starting to show some signs of life and could be ramping up for the next price pump.
Stop Loss: 0.00000267
Take Profit: 0.00001093
Approximately 1:4 risk to reward ratio
www.brianchai.com
Free Trading Group
XRP - A small drop incoming?XRP should see some downtrend for the next few days. Long-term I am very bullish on XRP (yes, I know it's not a true decentralized crypto), but the potential of the platform and the how the XRP token is being incorporated is huge. JPM coin's failure will be a big boost too!
Excited to see what's coming in the next few months.
XRP (RIPPLE) LTF Short - BIG R2RBig Risk to Reward:
- Targets labeled below (Will be watching price movement / reaction around those areas)
- Watch the zone we are currently in for potential resistance / support flip!
- If support holds (8450) we could continue upward...
- Don't FOMO wait for a good entry point - watch price movement around supports
- Its to note that XRP has been correlating with / leading $BTC lately...
- Keep an eye on $BTC price movement!
TIGHT STOP (LABELED IN RED)
- Ripple is known to run it up
Will be watching tonight and tomorrow!
- if stopped out will continue to watch for the BEST entry...