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

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: