XRPEUR trade ideas
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 ;)
Pitchfork formation XRP stuck on a neverending trendXrp price Trend continues on a sideways direction on the .3789 to 0.3989 euro range, but it keeps getting reject it at the top. It also hardly shows any volumme except a very expecific times. Pitfork formation shows it is well within bounds of the current trend and sitting comfortably and confidently at resistance above .035 but this could change, that is as much TA goes. On the FA spectrum tit all means shit and price can tank at any mmoment if unfavorable news start to circule around social media, it is the one thing that fuels this coins and nothing more.
XRPEURIf this can be seen as bullish Gartley, XRP should go up more. Resistance is expected at 0.382 Fib level from C to D and some pullback. I'll try to catch it around 0.382 Fib retracement of current rise with micro order and a little bit lower, at 0.618 Fib retracement of this same rise with a little bigger order. Stop loss bellow previous low, target 1 at 0.618 Fib level, target 2 near point C and if conditions will be good, I'll leave part of trade for longer.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
XRPEURHarmonics keep popping up :) For this one I'm not too confident of point D - we'll see what will be happening around 0.786 level - if it won't be confirmed in some way, XRP could go to 0.886. Let's wait with trade setup a little bit.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)