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Xrplong

Attempting to find a relationship between Support and ResistanceAn idea for XRPBTC Using Fib circles to view areas of support and resistance It is in my view that if there is an equal number of support / resistance touches on the same fib ring, a cancellation occurs Upon 1.618 there are 2 resistance touches, while 1 support touch Using this we can assume the rest of the .618 touches or (uneven) support / resistance touches (XYZ) will act as the basis for the next move I wish I could delve into this deeper, if anyone is more informed about Fib let me know!! I find these patterns very interesting and explorable. Regardless, I am long XRP
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by Bixley
5
XRP: It's All Up To BTC NOWGood day to all money makers! If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! - Current price movement is heavily dependant on what BTC does next. - This is just my current idea. - I am not a financial advisor! - There is always a huge chance of different patterns taking shape in these ever-changing charts. - I can be 1000% wrong! - Trade responsibly. - Be focused. - Have a plan. - Stick to the plan. - No FOMO. - Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money. - Never trade what you are not willing to lose - Remember Stop-loss is your friend. - Smile! - Good Trading and Good Luck If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
by dstvst
6
XRPUSD Ripple Buy Long - New Day Week Highs imminent ' Forecast Having just really moved sideways over the past week we still see No Good Reason to be short here. XRP Sellers may be rewarded if right, but clearly the Risk to Reward opportunity is still with the buyers. As stated in previous post the Crypto Market is extremely Volatile & anyone trading it has to have both their MONEY MANAGEMENT & Trading DISCIPLINE In Check . The swings in the Crypto currency market don't take any prisoners. It's easy to get completely wiped out using excessive leverage without good knowledge or discipline. Any how we are still long XRPUSD ripple and will wait for the ride to begin. Many times the market will have a trader trading in and out of a position many times exhausting their patients before the market makes the big move one was waiting for. For that reason we build a plan based on preferred and optional entry areas, when trading crypto and wait for the opportunity to enter, then just sit back and let the market do the work. (Nothing in trading is guaranteed but you can't win if your not in)
BITSTAMP:XRPUSDLong
by seekingpips