Get started

S-XRP

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
Long
by ForecastCity
BITCOIN TREND REVERSAL Trading was volatile and bitcoin was about 11 percent higher near $7,680 as of 9:36 a.m.The sudden jump forced traders who had bet against the cryptocurrency to buy back into the market. "Once bitcoin broke higher, shorts were squeezed and forced to cover," said Brian Kelly, CNBC contributor and head of BKCM, which runs a digital assets strategy for clients.Falling wedge, a bullish reversal pattern, meaning an upside break would confirm the tide has turned in favor of the bulls. Pennant formation, a bearish continuation pattern, characterized by lower price highs and higher price lows. A downside break would indicate resumption of the sell-off from $9,050 (March 24 high). So, there are conflicting patterns on the daily chart. That said, the failure on the part of the bears to capitalize on the recent bearish outside-day candle could be an indication of an impending rally. BTC suffered a high volume drop from $7,189 to $6,611 on April 9 (bearish outside-day), engulfing the previous day's price action. However, the follow-through in the next two trading days has not been encouraging for the bears, given that bitcoin moved back well above $6,611.
BITFINEX:BTCUSDLong
by marketcyclescrypto
1
XRP Short Term Trend The trend lines in blue are for a the short term trend, and the trend lines in red are for the shorter terms trend. We see a a wedge created by the short term trend, and the point of the wedge XRP shot below the bottom trend line and sustained for over 5 sessions, confirming the down trend. The shorter trend shows downward parallel channels, meaning XRP could be trading sideways or downward for the next day or two before being able to break over current resistance. In the shorter term trend, resistance is at $1.20 and support at $1.03. MACD at the same level when XRP hit a lower low, indicative of the same difference between moving averages even at a lower level, meaning the 5 day average has gotten lower and hitting resistance becomes more likely. Likely breakout for XRP to be seen within 3-4 days. Huge breakouts are highly co-related with large increases in volume, especially for XRP. Keep a check on RSI, Volume, and Money flow index (if necessary) . Buy price between $1.1-1.2 if market doesn't go into a corrective mode, below $1 if the bottom trend is broken.
BITFINEX:XRPUSDLong
by liccmydebt