SpartaBTC

XRP downlink. Work Pivot Points. From the entry point + 77%

BITSTAMP:XRPUSD   XRP / U.S. Dollar
XRP / USD the price is moving in a downward channel that I had foreseen in the summer of 2019 after a downward bearish triangle breaks down.

From the last entry point:
short profit + 34%
long + 77%.


At the moment, the price is moving in a local uptrend. Actual retention of a position in a trend.
The price approached the resistance of the internal channel. A breakthrough of this zone will mean an increase in price to the main resistance of the downward channel (red line).

Breakdown and price fixing above the resistance of the external channel will mean a break in the main trend. And "rip super rocket." But at the moment you need to understand that the main trend is bearish .

A break of the local trend line (blue line) and price fixing below it will mean a reversal of the local trend and the potential for a downward movement inside the channel. I showed the reversal zones on the chart.


A similar situation now on the pair BTC / USD and ETH / USD, these instruments with XRP / USD and his twin brother XLM / USD move almost synchronously.

Here is the idea of TRAINING + working with a very detailed description and examples on my past work for the year. Trading in local trends. Read, the article is extensive.

BTC / USD Retention of a position in a trend. Ascending wedge . Important area


My past trading ideas are XRP / USD.

XRP Descending Triangle ( bearish ). Mirror level like on btc 6000 $ Jul 20, 2019



The triangle was broken down.


There were attempts to return the price back, but to no avail.

+ 64% short after breaking through the triangle.


The next trading idea. I suggested that after a bearish triangle breaks through, a downward channel will form. Which formed after a while.

XRP / USD Descending Triangle . Work in the downward channel .



The following updates to this trading pair. Log in short.


Short profit + 34% + long reversal zone.


At the moment, the profit is from a long position + 77%. The trend is still ongoing.


______________________________________________________________________________________
I want you to pay attention to the XRP double - the XLM coin.

The price is moving similarly in a downward channel , although initially XLM / USD was ahead of XRP / USD, now it is almost synchronous.

XLM / USD downward trading. Pivot points . This idea was posted on Nov 7, 2019


I have been trading XLM for about a year. Described in detail the work with the ideas published here on the website.

The total profit at the moment for a cycle of 213 days for this pair is:

1) + 156% (long).
2) + 68% (short).
3) + 102% (long).
4) + 68% (short).
5) + 156% (long).


EDUCATION + trade: BIG SECRET. For example, a bunch of pairs XLM / USD + BTC / USD Digit language


I don’t have any “signals”, “paid training”, Trust management, paid groups, VIP groups and other fraudulent schemes to deceive newcomers to trading as fake “traders” do.

I only earn on trading. I have only real trading.
Comment: XRP / USD Work in a local trend. Profit now + 77%
Comment: The price is approaching an important reversal zone. Its breakout and consolidation above the downtrend line of the main trend will reverse the main trend. If the resistance is not overcome (red trend line), trade in a descending channel.
Comment: Breakout of the main downtrend trend.
If, after the breakout, the price consolidates above the main trend downtrend line, this would mean that the local uptrend is the emergence of a new main uptrend. And this breakdown of the resistance of the descending channel will be a fateful moment for this asset and not only. If the price breaks the 0.277-0.35 zone for the remainder, then that will be what these numbers mean (after all, these levels were not held for nothing). Many people are absolutely indifferent to money, they think differently and, as a result of their thoughts / actions, they never need candy wrappers.

If a false breakout occurs, the market will show weakness and the price will not be able to overcome and consolidate above the specified zone - further trading with the trend in the downtrend channel. Percentage step of the channel is profitable enough for earning. The coin allows you to work short.
Comment: Breakdown of 21.03% from the breakout line of the downtrend main trend. We also see a huge customer + "helicopter" volume. Track the history of different assets when this is done and you will understand the logic and purpose of this action.

21/3 are not fools understand that the percentage is not random and not two-digit. Everything is so, as these numbers mean, without forgery. Who does not understand - this is not for you, you do not need it.

Comments

xrp/btc -on the verge of foul
Reply
SpartaBTC cardan6006
@cardan6006, Yes, I saw. Therefore, a high probability of a reversal of XRP / USD from the resistance of the channel. But as long as the price moves in this local uptrend, there is no point in leaving the position.
Reply
SpartaBTC cardan6006
@cardan6006, Profit is growing. Just stop loss and profit is protected.
Reply
SpartaBTC cardan6006
@cardan6006, I already have about + 70% from the entry point.
Reply
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