XRPBTC trade ideas
Documenting XRP XRP is approaching its third reversal on the XRPBTC pair
This third reversal is looks more 'moderate' than the past two, I am not sure the implications of this, perhaps a more prolonged bull run for the coin
This can be seen on the USD pair as price has been rising a little bit, compared to previous runs which were more sharp increases
I look forward to see how high this will go, once the BTC pair completely reverses
XRP/BTC - Present time resembles the 2014-2017 move w/Precision!Bitcoin Dominance may be heading down again very soon giving altcoins their run!
Whales/elites will not miss any opportunities into making money. They simply buy the fear, hype up the market, take profit and crash it again after taking profit. Instead of beating then, lets ride with them! ;)
Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short-term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News is manipulated by the elites, and they take advantage of our emotions. Stop listening to the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts:
1. 2014-2017 looks very similar to the 2017-Present time move!
2. Check the yellow Trendline from 2014-2017 comparing to the yellow trendline of 2017-Present time! If we follow similar patterns, we pay hit the yellow line around April/May 2022!
3. Stochastic RSI - Still need to cross bullish. However, both lines are still above the 20 level!
4. RSI - RSI crossed above the MA (Yellow line!) Waiting to see if we are still above the MA in April. If so, a major move is imminent!
5. We broke out from the falling wedge pattern! This is bullish!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
XRPBTC completed a BIG DIAMOND reversal; BB signals a big moveXRPBTC completed a very big diamond reversal pattern & is also forming the right shoulder of an inverse head & shoulder pattern.
Measurered move of H&S shown on this weekly chart.
The Bollinger Band is also very constricted in the weekly but have already expanded upwards on the daily. (BIG MOVE IS COMING!)
It came down to retest a pivot support & so far holding it. It should encounter mild resistance at the next 2 resistance lines before reaching
the neckline to complete the H&S.
not trading advice
XRP BREAKS OUT OF 5 MONTH DESCENDING RESISTANCE + BACKTEST XRP/BTC has been held down by this resistance line for months, we have recently just broken out of the range and back tested it as support. Both horizontal and descending support have confluence at 1800 sats.
I see a good long opportunity R/R 5.15
XRP is bullish on a number else of factors:
PARABOLIC SAR on the weekly has appeared reassuring bullish structure
BTC has topped at 69k (4.236 fib extension) and usually when btc tops xrp runs, happens every cycle
Weekly MACD crossing bullish
If you agree with my some of my thoughts please give me a follow!
Happy trading and remember to keep it simple!
XRP's time to rise against BTC looks close at hand!XRP's breakout Monday is seeing continuation today, as XRP is pushing through strong resistance at the 1900 sat range. Suggesting a strong potential for another 36% run in the coming days. If this move is driven purely by XRP pumping, expect XRP to run from $0.86 to $1.10. However this could also play out such that XRP consolidates/flatlines around it's current range as BTC pulls back to the $30k range. I favor the probability of former over the latter, but more than either believe we may see XRP run to $1.30 range as BTC climbs back to the $47k.
This is obviously interpreting bullish continuation, as we could easily see a bearish reversal off this trend as we've yet to break the 2000 sat range with strength. Currently I'm 80/20 in favor of bullish continuation, but this is most likely due to my massive position in XRP so take this projection with a grain of salt, I would not recommend entering a trade at this range, but am still maintaining 75% of my trade position in XRP expecting continuation.
May the odds ever be in your favor!
Decision time for XRP!Monthly chart of XRP VS BTC shows a big move coming, but which way? The ADX & DI shows bull momentum has been building. If it continues to trend up the inevitable pop upwards should follow very closely after.
Things to keep in mind...
This is a mid term hold at the very least and it's also not financial advice. Please do your own due diligence before investing.
XRPBTC - Break-Out 2022 & Pricing in resolution?Price sitting in a flag after breaking monthly beartrend.
Important to note until XRP break rayline we are on HTF in a bear-trend against BTC.
I see break coming 2022, let's see now with XRPETH at all-time low that if XRP start to price in a resolution in the case in advance or if the actual resolution will spark the ignite.
I see 2021 LOW holding & is a sign of expansion.
Patience.