XRP | Bull Flag | RR 2.4Namaste Traders!
I hope you're doing well.
Here I have found possible formation of bull flag pattern with a height of around $0.15
You can trade it in 2 ways:
1. After breakout and retest of resistance line( upper red line).
or
2. At support line(lower red line).
put your SL below support line.
Target area marked above($0.375 to $0.385).
Risk to Reward ratio is good.
Feel free to share your idea in comment below.
If you like this idea make sure to follow for future updates and yeah smash the like button for my efforts. ;)
Note: This is not a financial advice, you are the owner of your funds if your idea is matched with this one you are good to go.
Xrpusdtlong
RIPPLE coin buying opportunity around 50% FibonacciRIPPLE
XRPUSD is currently trading above the 50% Fibonacci level and 61.8% Fibonacci is acting as resistance for the bull.And started trading in a tight range.
0% Fibonacci level give a strong support for the bull market. Buying after the broke and retest on the upper side of the range will give us a good risk ratio. Stop lose may place below the 38.2% Fibonacci level. In volume profile Point of control is coordinates with 38.2% Fibonacci
Give a like if you found useful and share with your friends and trading community.And tell about your opinion in the comment section below
XRPUSDTThe market has been on a mid-term uptrend since March and is currently experiencing a pullback to the trendline support. The price is testing the flip support + 0.618 fibonacci retracement level + trendline support. A bounce off the trendline support + Breakout above the pullback channel resistance will be a good bullish↗️ . A breakout below the trendline support will be bearish↘️
LONG XRPUSDT Good upside potential.#XRPUSDT
I welcome everyone!
XRP Good growth potential.
As we show on the chart that the trend line is staying, this is a very bullish signal for growth.
You just need to wait for consolidation)
As the chart tells us, after this there is a continuation of growth.
So I advise you to pay attention to this coin.
.S Friends, support this idea with your like and any comment.
This will be the biggest thank you for my work.
XRPUSDT rocket)Global Falling Wedge
The figure is beautiful enough, you can work)
Fundamentally, Ripple has experienced a lot of interesting events in the coming month.
Price bounced off the last support level
I am waiting for the arrival of the wedge and growth to the specified goals📊
Why not try to catch a rocket, because everything is beautiful in the picture.
XRP/USDT Sentiment grow up, crypto for covid-19 economic impactXRP/USDT Technical analysis bullish sentiment after correction ABC wave (wedge), price can move to 0.618 and 0.786 Fib. retrace area.
Bitcoin sideways after halving, many sentiment bitcoin going up but not now, demand impact covid-19 and supply minimum.
Orange area for confirm Reverse area and Pullback area. wait for candle confirmation to entry.
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STOP LOSS important
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Not 100% 😇but stay hold
XRP monthly bottom might be in/but beware countertrading whales!charts.cointrader.pro
As you can see in the monthly Chart of XRPUSD, there are strong arguments to be made we bottomed longterm.
Monthly double bottom @ $0.1740 and $0.1750.
When we draw a parallel channel on the log chart since 2013, we see that we always rejected or bounced from the borders.
Smart mathematicians will say: "You can't draw such a channel on a log chart, it has to be a flattening curve!".
Alright, but thus far, this channel works and I also don't think its probable that we will touch the top of this channel, but rather top out @ 0.236 of this fibonacci channel.
So basically, while price action on daily and weekly suggest further downside for XRP, traders forget to look at all the chart data you can find of an asset. For example: don't simply chart NEO on any exchange chart but look for the whole data including Antshares times, which you can find on charts.cointrader.pro @ the NEOUSD ticker.
While those log channels worked pretty well in 2017, the crypto market changed overall and it might be we can't use those channels anymore.
An Argument that those channels don't work:
charts.cointrader.pro
Argument that those channels might still work:
charts.cointrader.pro
While the probability for a monthly bottom on XRP seems quite high with the provided charts, beware of countertrading whales due to maybe me posting this charts right now. Be careful trading this and don't take to much leverage or none. The overall crypto market is on a brink of a big move due to low volatility in past 2 months. My best guess based on anything I know is, that BTC first quickly pumps to arround $9.700(stop hunting leverage shorts), in the next moment it dumps to $8.400(stop hunting leverage longs) and then we take off to the next parabolic phase for the whole crypto market. In this scenario XRP could breakdown from the channel for a short period of time, just to enter it again and take off as planned without the overleveraged moonboys!
Please comment down below what you think of this analysis. Thx!
I'm not a financial advisor, this is for entertainment purposes only :)
XRP/USD - a false pinbarWhy a false Pinbar?
Because it's not on other exchanges.
Take a look at the evidence:
Bitfinex:
Binance:
Kraken:
is a warning who's selling pinbar.
The overall dynamics are downward.
It's better to look for the entry points to the shorts.
I think a good entry point would be a local support breakdown.
We could tie up a stop loss.
Cancel the shorts if we go beyond $0.20.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
XRP/USD - 3rd accumulation3 big side moves.
You can clearly see in this screenshot.
The third sideways movement has already lasted 21 days.
And most likely, the exit is scheduled for upward.
Buying in the middle of the canal for the upper boundary.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!