With Ripple breaking Trendline Resistance and moving to positive territory, we are looking to enter Long on an anticipated Rally. Note, this is a countertrend trade and our stop loss, as always, is clearly defined The Risk Reward is 2.5:1 The target is never important. Once we move into profit we trail our stop to lock in profit and mitigate our risk to secure a...
XRPUSDT Bearish Divergence in 4H Chart. Possible double bottom then going up.
Hello, I have seen a good buy volume today, It is a signal that help we catch the bottom of Ripple. But please carefully. Thanks
Ripple could be in the last wave C of a consolidation wave X before another drop in wave Y.
Considering that the last couple weeks in crypto has had a bit of bleeding in the markets, let's review my updated chart. First, we disregard the first major rally and consider it was smart money getting into the market. Second, the rally beginning shortly after the start of the smart money entry point, started Dec 12th and ended Jan 4th for an increase of...
Head and Shoulder reversal pattern, XVG went up VERY FAST, market always end up correcting guys. This is easy Risk vs Reward. Do NOT buy back into this coin until it is done correcting
XRP/USD = Ripple Market = Poloniex Buy Limit - $1.4927 Take Profit 1 - $7.96 (+433.26%) Take Profit 2 - $10.90 (+630.22%) --- Target 1 = +433.26% Target 2 = +630.22%
As we seen broking resistance by triangle. MoneyGram partnership and 2 more that will happen in January. Note: I'm not proffesional trader, just education analysis.
The market shows strong upward movement. We can try to join it based on a breakout signal above the resistance zone formed by SMA100 and the downtrend line. MACD supports upward movement. DMI allows opening long trades. Buy orders can be placed above the downtrend line at 2.30 with stop at 1.50 level. Profit targets are at 3.25 and 4.00 levels. The part of trade...
Ripple continues its drop and is seeing tremendous bearish pressure as it maintains its bearish channel formation. With continued bearish pressure, we see the first major level of resistance at 2.2225 (38.2% Fibonacci retracement, 50% Fibonacci retracement, horizontal overlap resistance, channel resistance) and a further drop could occur below this level towards...
After the mornings bullish run, it seems XRP may be ready to break out for another! Agree ? Disagree? XRPUSDT Chart seems to agree!