alanmasters
Short

Ripple (XRPZ18) Short - Retrace Incoming

BITMEX:XRPZ18   None
HIT LIKE TO START READING THIS TRADE ANALYSIS.

We've been looking at XRPBTC and generating good profits with it. You can see our trade here.

Now, after some good bullish action, the charts are telling us that a retrace is incoming.

- We have divergence showing up on our indicators; MACD and RSI .

- We also have some very strong reversal candlesticks .

- In order for XRPBTC to continue moving up, it has to retrace first.

Note: This is no trade advice, but the analysis is pretty clear... Use it to your advantage, profit from it.

Thanks a lot for reading...

Your support is truly appreciated.

Namaste.
Trade active: Moving down. Enjoy the profits.
Comment: We've done really good in the past with BitMex trades.

ADAZ18


BCHZ18


And altcoins trades:

BRDBTC


SRNBTC
Comment: Latest Bitcoin update:
Comment: XRPZ18, I think we can move up now... Let's see how it goes.

Remember to set your stop loss if you trade based on this info.



Namaste.
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Any update about xrpbtc?
Reply
@alanmasters awesome job men. Thanks for opening my eyes on this one
+1 Reply
alanmasters nervuspower
@nervuspower, It is my pleasure. Thanks for the comment and support.
+1 Reply
its a healthy retracement in my chart aprox to 9100-9200, we already in uptrend with lot of room up. My main trade is long
Reply
zappermoi zappermoi
lol missing the zeros. its 0.00009100 - 0.00009200 of course
Reply
@zappermoi, Yes. This is a way to profit on the retracement shorting on BitMex.
+2 Reply
@zappermoi, At this point it's looking like a strong reversal... Weak bounce @ 8800.
Reply
zappermoi dinopiccinin
@dinopiccinin, i think his short is over, my longs are working well, target is aprox @10000
Reply
Will you use leverage on this trade?
Reply
jesus360 jesus360
@jesus360, I've already read a post where you say that you never use leverage, ok, thanks!
Reply
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