As expected this parabolic curve was broken and is now being shorted as retail investers fomo into buying XRP..SMH Be careful and look at coins like tron and this as an example why amrketing machines get ppl into trouble speculating. Ill keep this updated to sdee how this plays out. We could see another pump coming sooner then later with another Dump to ppl down a...
Wave 3 is over. Time for correction $XRPBTC
HELLO! We're back with a not so educational post suited for you lazy asses who just want buying and selling signals. We're sure that many of you guys are confused by the super professional and complicated charts in TradingView. Many of you have questions like "So..Nice chart but at what price do we actually buy or sell at?" "Elliot's wave, HnS, Green trendline...
In the case of Swell and xRapid launch, this to me looks like a buy the rumor, sell the news type event as we also saw last year. We might see a short term bounce before the eventual downturn plays out though. Even with Bill Clinton as a keynote speaker, XRP didn't pump... *SHOCKER* "I did not have encrypted relations with that currency." - Slick Willy at...
Big Short Fractal is in play near the cloud! Looking for 100%+ Fib-Retracement since last Bottom and Top! Targets:- 1) ~0.00006963(0.618) 2) ~0.00005693(0.786) 3) ~0.00004937(0.886) 4) ~0.00004075(1.000) If you are too much long for the short :p 5) ~0.00001957(1.28)
Big Short Fractal is in play near the cloud! Looking for 100%+ Fib-Retracement since last Bottom and Top! Targets:- 1) ~0.00006963(0.618) 2) ~0.00005693(0.786) 3) ~0.00004937(0.886) 4) ~0.00004075(1.000) If you are too much long for the short :p 5) ~0.00001957(1.28)
This is not trading advice. I'm not a professional trader. This is just my idea. What I have done? Started shorting at 8700. I am going to SHORT all the way up to 9400, strengthening my position. And here is why: Fundamentals analysis: why should anyone enter on the cryptocurrency space? Freedom is the answer. Censorship resistance is the main characteristic...
Observation: - The RSI (4 hrly) is currently well above the EMA\MA 20 - MACD is in neutral zone - Important resistance levels: $0.62, $068 and $0.79 - Important support levels: $0.52 and $0.58 - 6 hrly chart, healthy pullback (over the weekend) - very high volume in buys and sells - Volume selloff lower, over the weekend - have green candles to create...
BITFINEX:XRPUSDSHORTS Simple Simple Simple Short Squeeze on XRPUSD on BTFNX has caused this. masking it all with HYPE with news on XRP and Ripple. Half of bears already squeezed out. I think this is master-play from XRP and Ripple's insiders. they just wanted to shake off bears so released news and pumped like hell. XRP is not Ripple. When ever we hear about...
RSI levels are way overbought. Bearish Divergence on the 1hour. Tread carefully.
Now in the market there is a rollback after a long-running down trend. But are there any facts that can show us that further will be a strong upward movement? Especially, Ripple is relatively weak with respect to other coins. I see a good opportunity to get into shorts at 0.54-0.55 $ with global targets of $ 0.37 and $ 0.29. The previous idea of "trouble for...
This call was given to our premium members on Thursday June 21 Risk: Medium Pair: Ripple-XRP www.bitmex.com OPEN Position 8x SHORT 8040-8020 Target 1: 7970 Target 2: 7900 Target 3: 7822 Target 4: 7750 Target 5: 7670 Stop-Loss: 8200 Buy-in Zone Reached All Targets Met within 72 hours! 35.2% profit potential for 8020 entry!
After trying to bring the XRP back to life - they met with the sellers. I am waiting for the breakdown of the triangle down and working out the tired on big timeframes. However, when breaking the triangle up - buyers are waiting for problems at 0.49-0.495 and at the price level of 0.51.
Buyers did not keep an important price level of CRP and beat a broad zone of purchasing customers 0.46-0.51. To go to the shortside I expect a rollback in this zone, orienteve up to 0.481. Stop 0.497 target 1 - 0.36, target 2 - 0.28.
On the background of a BTC in the side, there is a high probability that the XRP will not hold the level of 0.47-049, which, apparently, has gathered many stops of buyers. On horizontal volumes it is clear that there are no special liquid zones along the way to 0.24-0.25, but two trend lines are crossed at a price of 0.32-0.34. It's a good trade if you close it...
There seems to be a possibility that we could retest the $0.49 level 'IF' we respect this descending channel price is forming