Ripple (XRPBTC) has been retracing since the 24th December 2018, almost 3 months now.
For "big" altcoins (high market cap), a retrace can take a while, this can be appreciated when looking at Ripple, but this retrace might be reaching its end, based on several signals that I am looking at right now.
Hit like, if you want to see more analysis now, and let's continue... Thanks a lot for the support.
The yellow zone is strong support, you can expect XRPBTC to bounce up each time this zone is tested.
The RSI and MACD are both signaling bullish and hidden bullish divergence. Look at the RSI creating higher lows, while XRPBTC is creating lower lows.
This simple signal will lead to a breakout to the upside most likely within two weeks. It can happen now, as it can happen in ten days... But the set up for a strong bounce is already in place, it is now only a matter of time before the jump.
Conditions for change: If XRPBTC closes below the demand zone (yellow), then this analysis is invalidated and needs an update.
This is not a piece of trade advice. This is technical analysis for the Ripple (XRPBTC) chart, all of my trades are clearly marked and contain buy-in, targets, stop-loss, capital allocation, and additional information.
Feel free to hit like if you would like to see a full trade for Ripple (XRPBTC).
Thanks a lot for the continued support.
Namaste.
Komentarz
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MOVING FROM ONE PLACE TO THE OTHER
It can be scary when it is time to move on.
Blockages can come out of nowhere, you can encounter yourself with fears that you didn’t know that you had before.
Moving from one place to another can be challenging for many, sometimes even strange.
We are beings who adapt easily, but we like to adapt to stability more than change.
But stability keeps you always in the same place.
For more and for growth, you have to move to a different stage.
Namaste.
Komentarz
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Ripple (XRPM19) on BitMEX (50%+ ROE on 10X Leverage)
For advanced traders only... High risk, high reward. Trade at your own risk. Feel free to support me by hitting like...
Thanks a lot for the support.
Namaste.
Komentarz
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Look for the lower end of the buy/demand zone to buy in.
Wow posting already after you liquidated your followers with your last ripple trade, nice!
AlanSantana
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@Timothie_Roggers, My number #1 admirer... You are back to show your support.
Thanks a lot for adoring me.
May God bless you.
Namaste.
marczilles
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@Timothie_Roggers, what is wrong with you, even the best traders have a 60% success rate. Especially as he has clearly stated that it is a high-risk trade, your comment is superfluous
Timothie_Roggers
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@marczilles, I feel like I need to notify the noobs who might follow him and lose money (as I have done in the past). I doubt its close to 10% success. I have a problem with these TV guys who dont follow half the trades they post and just post overenthusiastic moonshots to suck in noobs that may eventually pay for their private members group. Its a scam plain and simple.
at least alan has started posting realistic roi e.g. like 40% instead of like [1200%+] like he used to ALL thorough the bear market which is utterly misleading to a novice investor. one day I might pay somebody to audit the actual loss rate for the stuff he (they?) post. its outrageous.
look at some of his older posts. this happened ALL through the last year but they get buried under a myriad of comments and other charts. complete joke. I cant even begin to imagine the amount of money that have made losses from following his trades.