We can see a lovely resistance level that has been respected ( green line ) off this recent bounce we have seen a lovely bearish run today forcing price down to our support/resistance zone ( green box ) where we are expecting a lot of buying power to come into play and make a lovely bullish run.
The reasoning behind this was explained in our latest BTC post on...
XRPUSD | W1 | BULLISH
The market is currently at an important key level,
Ripple is one of our favourite coins due to it’s practicality; it’s functionality and appliance to today’s society with implementation in financial institutions – catalysing, and offering a more efficient network to transact money.
At the same time this is a very simple...
As we see XRP head towards $0.30, we see the trend set, the MACD have crossed as well as the MA's. 20MA could see a retest before we reject then drop further. Closed below the $0.35 support yesterday and is looking very bearish.
Interesting corrective pattern spotted here..
Resistances less severe with every trend line, and once broken, seeing lower highs every time and lower lows.
Every time the resistance trend line is broken, the price increases by a minimum of 120%.
Clear support levels at $0.25 and $0.15. Will we see ripple re-enter the pre consolidation prices in this range,...
BITFINEX:XRPBTC]https://www.tradingview.com/x/hQGqX7he/Just a quite idea.
I dont normally post on ALT pair against btc but many people to trade XRPBTC pair so just thought i would do a quite idea.
Pretty much same as my XRPUSD view. I think XRP is the only long I have much confidence in right now. Its the only alt to have cleared long term MA's that i use. But i...
First live trade of the new strategy
We already got the first sell signal from short term strategy and I use it as a stop for a long term strategy
And now we had the first sell signal for the long term strategy , with the confluence of short term strategy I have increase my short position size
Keep in mind that there is a...
Entered a long position $XRP #Ripple based on oscillators oversold, testing 200 sma, support showing in the candles, couple of green volume bars showing, price entered into the .618 fib zone. Margin is only 3x, liquidation price is way down the ladder, stop loss setup in case it goes against me, targets at resistance and alerts set to get me out of bed. For me its...
Impulse back above Mondays Low and the move down was likely a stop run.
There is some inefficiency between current price and Daily Demand which
is also in confluence with Weekly Demand that has not been properly retested,
ofcourse, it doesn't have to.
Favouring a bounce from here, Back above Mondays low pivot marked as red box
would be my confirmation for more...
Lower timeframe levels will be posted in a chart in comment section for further analysis.
Low timeframe structures can aid in minimizing risk by understanding invalidation levels.
The Higher timeframe context gives us the big moves (reward) the lower timeframe can
give us great entries and tighter stop losses (minimal risk).
This understanding is what makes a...
XRP on the 4HR - 20, 50 and 200 MA are below price and acting as support. Last time this happened the charts shows we pushed on hugely. Once again this is the case.. Red zones are resistance. We could be about to surge towards $0.55 is this is the case. All 3 MA are pointing to the upside movement.
invalidation level here is tight, therefore potential Reward is yuuuge.
Pivot support could allow Cardano to really make a big move here, these are the type of trades you want.
Can ADA really go any lower, even if she does, our stop loss is close here and our risk is very minimal.
Always think in terms of risk to reward + strikerate