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XRPUSD Long OpportunityHi guys its Brian here. XRPUSD is currently sitting right at the support of the 200 EMA which has proved to be a solid support where price has previously bounced off it couple of times. If XRPUSD bounces off the support, it is likely to continue upward within the yellow range zone. If 200 EMA support doesn't hold then the long is invalidated and stop loss should be placed slightly below the support. The downward momentum currently is pretty strong so don't try to catch a falling knife. May want to enter after price bounces off the support to be safe. www.brianchai.com Free Trading Group
BITFINEX:XRPUSDLong
by BrianChai
Is it the beginning of the end or the end of the beginning? #7Good traders have a special talent for trading just as good musicians and good athletes have talents for their fields. Great traders are ones who are absorbed by the talent. They don't have the talent— the talent has them. In 1637, tulips in Holland traded for 5,500 florins and then crashed to 50, a 99 percent loss. Well, you might say, "Trading was relatively new then; these people were primitive; capitalism was still in its infancy. Today we are much more sophisticated." So you go to 1929 and find a stock like Air Reduction which traded at a high of $233 and after the crash fell to $31, a decline of 87 percent. OK, you might say, "The Roaring '20s were crazy times, but now things are surely different." Move ahead to 1961 and you find a stock called Texas Instruments trading at $207. It eventually dropped to $49, a decline of 77 percent. If you think we have gotten more sophisticated in the 1980s, all you have to do is look at silver prices, which in 1980 reached a peak of $50 and subsequently fell to $5, a 90 percent decline. I can also count you over hundreds coins from crypto. Please, check my last post on twitter. You will surprise it! The point is that because people are the same, if you use sufficiently rigorous methods to avoid hindsight, you can test a system and see how it would have done in the past and get a fairly good idea of how that system will perform in the future. That is our edge. My crypto trading strategy has been working well for years! Let me share it with you one more time! 1 ) Trade with BTC pair in a bull market, trade with USDT pair in a bear market. Don’t confuse it! 2 ) Less is more! Don’t use more than 4 – 5 indicators at the same time. Trend lines, Moving Averages, RSI , Fibonacci levels and Chart patterns. Drawing lines are the most important indicators in any market. 3 ) Averaging down is the worst strategy. Averaging up is much better! You should buy coins when they’re on the way up in price, not on the way down. 4 ) Never forget 20 / 80 rule. 80 % traders lost money to 20 % to traders / investors. 5) Trend is your friend. Don’t fight with it! 6 ) Buy coins/ stocks as much as you can track easily. If you are comfortable to track 10 coins, Then You should buy max 10 coins not more! 7 ) Don’t risk more money than you could afford to lose without ruining yourself. 8) Be so picky who to follow in the market! Over 80% are people are loser. Don’t follow the crowd. 9 ) Every 50% loss began as a 10% or 20% loss.. Learn to always sell coins quickly when you have a small loss rather than waiting and hoping they’ll come back. 10) If you have a loss on a trade after a week or two, you are clearly wrong. Even when you are around breakeven, but a significant amount of time has passed, you are probably wrong mere too. Ohhhh, You want to lose money in crypto? That's also easy! 1 ) Follow blindly crypto gurus on twitter ! Watch CNBC news ! Be the part of Pump & dumps telegram groups 2 ) Buy the coin / stock with a hype! Not knowing where to buy / sell . Not Using STOP LOSS after breaking the strong support levels 3 ) See Crypto / Stock / Forex market as an easy place to make money ! ( If you know the place to become an overnight millionaire , please let me know ASAP ) 4 ) Not investing your time / energy and money into education! Hesitating to buy trading books - Join useful events - Attend paid workshop as long you see the value. 5 ) Forgetting that Cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time. Over 90 % coins are dead after the biggest pump in 2014. At the beginning, Trade small because that's when you are as bad as you are ever going to be. Learn from your mistakes. Don't be misled by the day-to-day fluctuations in your equity. Focus on whether what you are doing is right, not on the random nature of any single trade's outcome. TARGET? The charts speaks itself! **** Just started to read " Reminiscences of a Stock Operator ", I recommend you all to read it if you guys are not reading any trading books on these days!
Long
by CryptoEngineering
16
Fast trade. $XRPWell, I see a good opportunity to buy $XRP against $BTC. if you look at XRPUSD you can find that the $0.4 sub is a strong support, so if BTC will continue show the new lows, the Ripple price show the new high, faster then you think. Time frame: 2h Support: 20EMA Resistance: 200EMA Enter ~ 3750-3800 TP ~ 4200 Stop Loss ~ 3650 I have the REDDIT and TWITTER with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
Long
by MARKETKNOWS
2
XRPUSD IDEAXRPUSD LOOKIG AT A TREND RESPECT WHEN WE SEE THE 0.44136 GET HIT. WE DO HAVE A SUPPORT ZONE AROUND THE 0.44136-0.47445 AREAS. SO WE ARE POSSIBLY LOOKING FOR THE PUSH UP WITH THE RESPECT OF THIS TREND AND SUPPORT LEVELS. TARGET 1: 0.47445 TARGET 2: 0.51517 TARGET 3: 0.55482 ONCE WE GET A CLEAR BREAK OF TARGET 2 WE WILL MOST LIKELY SEE THIS KEEP RISING UP FOR A BIT LONGER. **PROPER RISK MANAGEMENT NEEDED** **PAST CHARTS DO NOT GUARANTEE FUTURE CHARTS TO GO AS PLANNED**
BITFINEX:XRPUSDLong
by SilentAssassinView
XRPUSD finally overdue for its breakout?Keep a keen eye on the S2 support / pivot line as it is the most quintessentially key figure and factor needed for analysts to definitely make a determining factor in whether or not this bull run will finally ensue as many HODLers grow impatient with XRPUSD rumored to breakout from many others for well over a week now. So you can imagine how they reacted when BTCUSD increases 27% in under 7 days yet XRPUSD has remained sideways and unimpressive/undeterred up until now. Indicators are revealing that this may be that looming break out that they have been anxiously awaiting confirmation on. For this reason I believe crossing the highlighted pivotal line will be evident in determining the priceaction for XRP for the duration of the week to follow. Will update later to include stops & tp1-2 & possibly 3 as well contingent on how market outlook will be for the next 4-6 hours as prime time trading hours are now in full effect over on the Asia markets. Set alerts and trade cautiously!
BINANCE:XRPUSD
by a1mtarabichi
2
Golden Crossover: XRP Heads for Bullish Chart Pattern"The upward sloping 50-day moving average (MA) looks set to cross above the 200-day MA soon. That said, XRP is still down 87 percent from the record of $3.30 reached on Jan. 4, 2018 and far from being overbought. The golden crossover, therefore, may invite chart-driven buying, leading to the next leg higher in the cryptocurrency." www.coindesk.com finance.yahoo.com Siam Commercial Bank, Ripple Multi-Hop User, xRapid User, Digital Asset User, Asian HUB www.youtube.com cointelegraph.com "XRP: This double bottom will melt faces if it plays out. Couple Bullish indicators Im looking at 1.Golden Cross Incoming 2. Double Bottom Formation 3.Bullish Divergence on MACD . As Long as Bitcoin doesn't dump on us, we could be do for a nice rise!" twitter.com BINANCE:XRPUSD "Bitcoin Builds a Strong Case as ‘Store of Value’ coingape.com Please consider a like or a follow if this is helpful. Respectfully, your XRP brother @thomascusack Btw, The XRP golden cross may bring me riches. But it was an old wooden cross that gave me my salvation and untold heavenly riches!
Long
by tecusack