XRP/USD zone Hi this is just to understand a better market for myself I'm on my way to become a better trader I just want to post this as my journey #Day 1!
RIPPLE trade ideas
XRPUSD SUPPORTXRP.... previous support and ichimoku cloud support...
hope bounce back xrp...
#xrpusd #cryptochart #supportresistance #cryptochart #technicalanalycis #holdxrp
XRPusd held support and dint break any bearish pivot. I am expecting xrpusd to push up soon and breakout from the triangle.
1st TP- .33xx
Then we reenter on wave 2 of 5
Final xrp target is around 2.12
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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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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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 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 ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XRP MASSIVE MOVE COMING SOONOBV or on balance volume indicator is used for technical analysis to measure buying and selling pressure.
- Bullish OBV Divergence occurs when price declines but OBV advances. ..
XRPUSD dump till 0.209XRP may go down see the arrows I have marked
Invest on your own risk do your own research
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
XRP might be just the way to go for few daysYes you read it right, XRP for now is showing well you can say safe bulls. I like that way though you can rely on it for a bit period, don't use more than 25% of your stake though.its a risky show, well seeing its older performance it just might help everyone reaching the certain zone.
xrp/usd trade on 15 min time frame chart i have seen this pattern forming and taken a trade accordingly....
XRP/USD H&S Pattern- H&S Pattern formed over XRP/USD
- Looks good here to short.
- Need Sell Volume Breakout for hard drop.
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
