💡Don't miss the great buy opportunity in XRPBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (740).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 54.
Take Profits:
TP1= @ 1000
TP2= @ 1200
TP3= @ 1360
TP4= @ 1570
TP5= @ 1870
TP6= @ 2220
SL= Break below S2
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Ripplebitcoin
💡Don't miss the great buy opportunity in Ripple/BitcoinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00002980).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Ripple/Bitcoin (XRPBTC) is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 0.00003300
TP2= @ 0.00003490
TP3= @ 0.00003820
TP4= @ 0.00004200
TP5= @ 0.00004770
TP6= @ 0.00005370
SL= Break below S2
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💡Don't miss the great buy opportunity in XRPBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00001900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1 @ 0.00002400
TP2 @ 0.00002567
TP3 @ 0.00002805
TP4 @ 0.00002940
TP5 @ 0.00003345
TP6 @ 0.00003745
TP7 @ 0.00004090
TP8 @ 0.00004769
TP9 @ 0.00005790
TP10 @ 0.00007190
TP11 @ 0.00010195
TP12 @ 0.00022875
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A trading opportunity to buy in XRPBTCMidterm forecast:
While the price is above the support 17.73520, resumption of uptrend is expected.
We make sure when the resistance at 28.05510 breaks.
If the support at 17.73520 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The RSI resistance #1 at 52 is broken, so the probability of resumption of uptrend is increased.
A trough is formed in daily chart at 21.48729 on 09/24/2020, so more gains to resistance(s) 23.53520, 25.67175 and maximum to Major Resistance (28.05510) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 59.
Take Profits:
TP1 @25.67175
TP2 @28.05510
TP3 @33.45315
TP4 @37.45000
TP5 @40.90000
TP6 @47.69000
TP7 @57.90000
TP8 @71.90000
TP9 @101.95000
TP10 @228.75935
TP11 Free
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XRPBTC Update: Profit=2390 SL= 420 Reward/Risk > 5.7:1 Trade Setup summary:
Profit targets=2390 pip (290 + 850 + 1250)
Stop Loss =420 pip
Reward/Risk > 5.7: 1
Current Status:
Total Profit: 1904 pip
Closed trade(s): 1188 pip Profit
Open trade(s): 716 pip Profit
Trade Setup:
We opened 6 BUY trade(s) @ 0.00002178 based on 'previous Forecast' at 2020.07.18 :
Closed Profit:
TP1 @ 0.00002250 touched at 2020.07.26 with 72 pip Profit.
TP2 @ 0.00002360 touched at 2020.08.01 with 182 pip Profit.
TP3 @ 0.00002500 touched at 2020.08.02 with 322 pip Profit.
TP4 @ 0.00002790 touched at 2020.08.03 with 612 pip Profit.
72 + 182 + 322 + 612 = 1188
Open Profit:
Profit for one trade is 0.00002536(current price) - 0.00002178(open price) = 358 pip
2 trade(s) still open, therefore total profit for open trade(s) is 358 x 2 = 716 pip
Technical analysis:
. XRPBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (0.00002500) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP4= @ 0.00002790
TP5= @ 0.00003350
TP6= @ 0.00003750
SL= Break below TP2
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ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in XRPBTC Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00002060). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.00002250
TP2= @ 0.00002360
TP3= @ 0.00002500
TP4= @ 0.00002790
TP5= @ 0.00003350
TP6= @ 0.00003750
SL= Break below S2
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. . . . . Please show your support back,
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Trade well, ❤️
ForecastCity English Support Team ❤️
There is a trading opportunity to buy in XRPBTCTechnical analysis:
. Ripple/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002950 to 0.00002400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002950)
Ending of entry zone (0.00002400)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00003750
TP2= @ 0.00004620
TP3= @ 0.00005490
TP4= @ 0.00006600
TP5= @ 0.00007920
TP6= @ 0.00009200
TP7= @ 0.00011300
TP8= @ 0.00013400
TP9= Free
There is a possibility for the beginning of an uptrend in XRPBTCTechnical analysis:
. Ripple/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 29.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000515 to 0.00004500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000515)
Ending of entry zone (0.00004500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00006100
TP2= @ 0.00006960
TP3= @ 0.00007900
TP4= @ 0.00008600
TP5= @ 0.00010250
TP6= @ 0.00012145
TP7= @ 0.00014050
TP8= Free
There is a possibility for the beginning of an uptrend in XRPBTCTechnical analysis:
. RIPPLE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000055 to 0.000045). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000055)
Ending of entry zone (0.000045)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000695
TP2= @ 0.0000784
TP3= @ 0.0000893
TP4= @ 0.0001047
TP5= @ 0.0001191
TP6= @ 0.0001400
TP7= @ 0.0001780
TP8= @ 0.0002288
TP9= Free
There is still possibility to buy in XRPBTC ...Technical analysis:
RIPPLE/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*Price is in the support zone (0.00009 to 0.00006), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00009)
Ending of entry zone (0.00006)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 5 Buy trade(s) @ 0.00008110 (day close price) based on 'Hammer' at 04.12.2018 signaled by our "Daily Trading Opportunity".
Total Profit: 2135 pip
Closed trade(s): 0 pip Profit
Open trade(s): 2135 pip Profit
Open Profit:
Profit for one trade is 0.00008537(current price) - 0.00008110(open price)= 427 pip
5 trade(s) still open, therefore total profit for open trade(s) is 427 x 5= 2135 pip
Take Profits:
TP1= @ 0.000125
TP2= @ 0.000146
TP3= @ 0.000178
TP4= @ 0.000229
TP5= Free