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Xrpusdtlong

XRP monthly bottom might be in/but beware countertrading whales!charts.cointrader.pro As you can see in the monthly Chart of XRPUSD, there are strong arguments to be made we bottomed longterm. Monthly double bottom @ $0.1740 and $0.1750. When we draw a parallel channel on the log chart since 2013, we see that we always rejected or bounced from the borders. Smart mathematicians will say: "You can't draw such a channel on a log chart, it has to be a flattening curve!". Alright, but thus far, this channel works and I also don't think its probable that we will touch the top of this channel, but rather top out @ 0.236 of this fibonacci channel. So basically, while price action on daily and weekly suggest further downside for XRP, traders forget to look at all the chart data you can find of an asset. For example: don't simply chart NEO on any exchange chart but look for the whole data including Antshares times, which you can find on charts.cointrader.pro @ the NEOUSD ticker. While those log channels worked pretty well in 2017, the crypto market changed overall and it might be we can't use those channels anymore. An Argument that those channels don't work: charts.cointrader.pro Argument that those channels might still work: charts.cointrader.pro While the probability for a monthly bottom on XRP seems quite high with the provided charts, beware of countertrading whales due to maybe me posting this charts right now. Be careful trading this and don't take to much leverage or none. The overall crypto market is on a brink of a big move due to low volatility in past 2 months. My best guess based on anything I know is, that BTC first quickly pumps to arround $9.700(stop hunting leverage shorts), in the next moment it dumps to $8.400(stop hunting leverage longs) and then we take off to the next parabolic phase for the whole crypto market. In this scenario XRP could breakdown from the channel for a short period of time, just to enter it again and take off as planned without the overleveraged moonboys! Please comment down below what you think of this analysis. Thx! I'm not a financial advisor, this is for entertainment purposes only :)
POLONIEX:XRPUSDLong
by Coin96
6
XRP/USD - a false pinbarWhy a false Pinbar? Because it's not on other exchanges. Take a look at the evidence: Bitfinex: Binance: Kraken: is a warning who's selling pinbar. The overall dynamics are downward. It's better to look for the entry points to the shorts. I think a good entry point would be a local support breakdown. We could tie up a stop loss. Cancel the shorts if we go beyond $0.20. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
BITSTAMP:XRPUSDShort
by Valeriia_Top
XRP/USD - movement to the upper resistance level.Reason for the purchase: * Fastening above level 0.2060 * Increased volume (increased demand at the level) * Accumulation to continue driving * I see where to hide the stop loss At the weekly timeframe, the volume of trade increased. You can see from the moving average that the bearish trend is still continuing. But if the volume is increased, the change of trend increases the probability. I consider the 0.20 key level to be the key level, the decline will continue. Buying from the level, I consider it relevant. If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
BITSTAMP:XRPUSDLong
by Valeriia_Top
6