Another chart before Friday gets on its wayThis is my chart. There are many charts out there like this, but this mine.
XRPEUR trade ideas
Pitchfork analysis long and short time scale.Dear Traders,
This will be my first published idea on tradingview.
First we take a look on the 4 hours time scale.
You can see that i have made 2 pitchforks, 1 big pitchfork which shows that XRP/EUR is in a strong bearish move and a smaller one within which shows a bullish move.
Today we crossed the upper band support of the large pitchfork. Most probably a retest will hapen to confirm if the suppport has become a resistance. If the resistance keeps up we will most definitly go further down, at least to the median which, projected in time will be around 0.28-0.30EUR, depending how fast it wil go.
Zooming in at the 1 hour time scale. We clearly see that XRP/EUR found support on the bottom of the smaller pitchfork. What I believe will hapen is that consolidation will take place between the resistance of the large pitchfork upper band and the support at the bottom of the smaller pitchfork.
For me there are two options after the consolidation.
1. XRP breaks back into the uper band of the large pitchfork where it will rise back to the upper side. +-0.43EUR
2. Resistance hold and we will go further down to the median line of the large pitchfork. If this happens the smaller pitchfork is broken and not valid anymore. 0.28-0.30EUR
For now i do nothing and watch what will hapen before doing a move.
Greetings from Belgium!
XRP will retrace to its base base support priceI am expecting it to go back to the 0.25/.029 euro range in due time... BITCOIN situation must resolve. ETF approval pending weighing heavily on it. BTC technical and security and regulatory issues remain to be resolved thus i am guessing this one ETF will not be approved, furthermore, there will not be a bull run this year unless... Trump and the repubicans lose the midterms.
It's a bullflag XRPEURHello all,
hope you are having a great day.
This is a quick post on XRPEUR -0.51% which seems to be forming a bullflag at the moment. Once .464 EUR is broken, the next short-term target is around .486 EUR. The medium-term target is around .526 EUR and dependening on the momentum the price may extend to the 1.618 Fibonacci level at around .55 EUR, where I expect a major retracement.
Comments are welcome.
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DISCLAIMER:
This is neither a trading nor a financial advice.
You are responsible for your own actions so do your own research.
XRP - Let's seeSomehow Stop-loss needs to be hunt.. I will play that scenario... If goes beyond resistance with good volume you know what to do.. But let's prepare for some bottom before bull run :)
Breakout TradeLooking to Buy the breakout of this wedge for a nice r and r. Look for your entry reasons.
xrpXrp make profit in the next days price will go down for short time..after that the price will go maybe very very up look at the... M
long investment tradeim long on daily after double bottom and good level to enter imo.
look for your entry reasons happy trading.
Cypher Pattern LongHave been looking for reasons to get long on xrp after having taken profits last week and have been trading the channel.
We have a cypher pattern and also have gone oversold on 60min.
good luck trading.
XRP update! Bullish followthrough is here!update XRP EURO daily, 4hr and 1 hr timeframes.
Looks good even though RSI reached overbought area on some timeframes.
not financial advice
XRPXrp must go up because is the last line ..no more room for down trend . A boom run is close from now but .. make profit in the next days price will go down for short time
XRPEUR update! XRP update!
A no trade zone for me. Waiting for confirmation for a breakout of the ascending triangle - right now creating a bear trap I think.
XRPEURI'm willing to risk 8% of XRP in this trade. It's moving right above 0.618 Fib level of last rise. If it wll go up, I'll take some profits on the way. 3.618 Fib extension could be the last target, but let's see what will happen.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
