alanmasters

[XRPBTC] Ripple Trade by Request [100%+ PP]

Long
BITFINEX:XRPBTC   XRP / Bitcoin
Ripple Trade by Request

Ripple ( XRPBTC ) is moving with lots of force and momentum and grew in price over 150% in just a couple of days.

We spotted the action at the early beginning and gave a last target of 0.000111. XRPBTC went to reach a peak price of 0.000117, so we hit it pretty close, and so it started to retrace.

Let's see the different support levels that we can use to enter a position with XRPBTC and the resistance (targets) levels at which we can sell for profits.

Trade instructions for XRPBTC

Buy in: 0.000069 - 0.000074
(Wait for retrace to enter)

Targets:

(1) 0.0000925
(2) 0.0001178
(3) 0.0001478
(4) 0.0001621

Stop loss: Close below 0.000063 on the daily candle.

Note: This is a trade by request. This does not follow my usual trade strategy.

Namaste.
Comment: Previous analysis:

(1) Here we spotted the action for XRPBTC early on:
(2) And here I mention where we would find support:
YOUR SUPPORT IS HIGHLY APPRECIATED!

Namaste.
Comment: This bounce is looking pretty strong. Good volume.

Overall the whole retrace is looking very healthy.

Give it time...
Comment: Consolidation continues for XRPBTC. It is looking good so far.

Here is the chart:
- Bear volume has been low throughout the retrace.
- We found support around 0.382 Fib. level.
- My suggested main support remains intact, which is 0.000066 - 0.000068, now supported by EMA100 as well.
- Looks like we need more sideways.
- Please allow time for this trade to develop.
Comment: Looks like we will be entering our buy in zone soon.

Patience is key.
Comment: We didn't hit our entry for this trade. For those already holding XRPBTC, our first target has been hit. These targets are still valid.

Targets:

(1) 0.0000925 * Target hit *
(2) 0.0001178
(3) 0.0001478
(4) 0.0001621
Trade closed manually: No buy in.
Comment: XRPBTC has been holding support for the past four days... I will come back in soon and take a second look... Thanks for the support.

Namaste.
Comment: Ripple (XRPBTC) is retracing, I am keeping track for a new trade.

You can read my updates here:
Comment: Here is your XRPBTC trade:
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Related Ideas

Comments

so we gonna wait for retrace now ?
+3 Reply
alanmasters Ibrahimdmrkl
@Ibrahimdmrkl, Yes, you can wait patiently.
Reply
Ibrahimdmrkl alanmasters
@alanmasters, entered short master :D
Reply
JimCabus Ibrahimdmrkl
@Ibrahimdmrkl, ballsy move...
+1 Reply
Thanks for such a good analysis. Check out our long-term analysis basing on the hypothesis that 10% of the global money supply will flood into crypto. This is possible and can have a massive influence on the market. More here
+1 Reply
alanmasters WBM_Team
@WBM_Team, Thanks a lot for sharing.
Reply
update please myfriend
+1 Reply
alanmasters dogalkozmatik
@dogalkozmatik, No need. Instructions are there.
Reply
Ecua_Trader dogalkozmatik
@dogalkozmatik, do yourself a favor, don’t follow his calls. He will make you buy at the top lol. Look at his charts and do a right/wrong ratio. I used to think he was the best TA but once the bear market started he hasn’t been able to call one good trade. But your money your choices
+2 Reply
alanmasters Ecua_Trader
@Ecua_Trader, We are making great money with all of our trades. Thanks for your support.

These are analysis, not trade calls.

My trades start with and we are doing really good.

We have bet sizing, stop loss, targets, capital allocation and much more.

We aim for low risk and high reward.

More trades and analysis will always be made available.

Your support is highly appreciated.

Namaste.
Reply
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