S-XRP
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 XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2901). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD 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 52.
Take Profits:
TP1= @ 0.2984
TP2= @ 0.3100
TP3= @ 0.3250
TP4= @ 0.3496
TP5= @ 0.3793
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
XRPUSD Update: Profit=92000 SL=12000 Reward/Risk > 7.6:1 Trade Setup summary:
Profit targets=92000 pip (4000 + 9000 + 12000 + 17700 + 22300 + 27000)
Stop Loss = 12000 pip
Reward/Risk > 7.6 : 1
Current Status:
Total Profit: 33000 pip
Closed trade(s): 22000 pip Profit
Open trade(s): 11000 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 0.19000 based on 'previous Forecast' at 2020.07.16 :
Closed Profit:
TP1 @ 0.210 touched at 2020.07.23 with 2000 pip Profit.
TP2 @ 0.230 touched at 2020.07.26 with 4000 pip Profit.
TP3 @ 0.250 touched at 2020.07.29 with 6000 pip Profit.
TP4 @ 0.290 touched at 2020.08.01 with 10000 pip Profit.
2000 + 4000 + 6000 + 10000 = 22000
Open Profit:
Profit for one trade is 0.30000(current price) - 0.19000(open price) = 11000 pip
1 trade(s) still open, therefore total profit for open trade(s) is 11000 x 1 = 11000 pip
Technical analysis:
. XRPUSD 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 79.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (0.250) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP4= @ 0.290
TP5= @ 0.340
TP6= @ 0.370
TP7= @ 0.427
TP8= @ 0.473
TP9= @ 0.520
SL= Break below TP2
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ForecastCity English Support Team ❤️
XRPUSD Update: Profit=37000 SL=11000 Reward/Risk > 3.3:1 Trade Setup summary:
Profit targets=37000 pip (2000+ 4000 + 6000 + 10000 + 15000)
Stop Loss =11000 pip
Reward/Risk > 3.3: 1
Current Status:
Total Profit: 22700 pip
Closed trade(s): 12000 pip Profit
Open trade(s): 10700 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 0.19 based on 'previous Forecast' at 2020.07.16 :
Closed Profit:
TP1 @ 0.21 touched at 2020.07.20 with 2000 pip Profit.
TP2 @ 0.23 touched at 2020.07.26 with 4000 pip Profit.
TP3 @ 0.25 touched at 2020.07.29 with 6000 pip Profit.
2000 + 4000 + 6000 = 12000
Open Profit:
Profit for one trade is 0.24350(current price) - 0.19000(open price) = 5350 pip
2 trade(s) still open, therefore total profit for open trade(s) is 53500 x 2 = 10700 pip
Break Even 0.19
Technical analysis:
. XRPUSD 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 79.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (0.223) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP3= @ 0.25
TP4= @ 0.29
TP5= @ 0.34
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Trade well, ❤️
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
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.19). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD 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 62.
Take Profits:
TP1= @ 0.21
TP2= @ 0.23
TP3= @ 0.25
TP4= @ 0.29
TP5= @ 0.34
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
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Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2139). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD 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 70.
Take Profits:
TP1= @ 0.24653
TP2= @ 0.28490
TP3= @ 0.34010
SL= Break below S2
Ripple vs Bitcoin | It's Been A While (Can Go Up?)It's been a while since my last analysis on the XRPBTC (Ripple vs Bitcoin) chart... This is one of our favorites.
XRPBTC printed a higher low on low volume... This retrace is coming to an end.
Many other altcoins pairs have a similar chart, a strong retrace that produced a higher low, and ended up in a strong bullish breakout, this can happen for Ripple as well.
The chart is looking neutral right now but the tendency is up.
If the orange trendline is broken, XRPBTC can go lower and hit support.
If prices stay above this trendline, we can expect the next move to be a nice JUMP!
Remember to hit LIKE to show your support.
I will be doing a 10X Lev. trade for Ripple once more... Hoping for great profits for us.
Namaste.
Please support my BTCUSD and ETHUSD analysis as well, every bit counts 😊
Thanks again... Feel free to leave a comment anytime with your thoughts and questions, I am so happy to help.
✴️ Bitcoin Conquers EMA10, Aims At $9,500/$9,900 Next!
Ethereum Hits Support, Going To $260 or $285+?
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2698). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRP/U.S. Dollar is in a uptrend and the Continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.3400
TP2= @ 0.3790
TP3= @ 0.5095
SL= Break below S2
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2188). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD 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 65.
Take Profits:
TP1= @ 0.2521
TP2= @ 0.3278
TP3= @ 0.3785
SL= Break below S2