XRPUSDT (Bittrex) - How To Trade It

2017년 12월 12일

Whilst XRP is showing many bullish signs at this moment, it has been trading on a long parallel channel for months. With a huge range of 30% from top to bottom and vice versa.

Now, if we are looking for something BIG, we need to break the top line of the channel first. Marked with the Magenta line.

If XRP closes above it on a single day, we are looking at possibly some major gains.

If this trades interests you, you have the option to join now and wait, with a stop-loss at the level of .2198.

The second choice is to wait until the trendline has been break. As soon as that happens, above 3000, you can open a LONG and positive trade. With a short stop loss at .2788

P.S. Already fighting with the first strong resistance (green dotted line).

Hope that helps.

2017년 12월 12일

노트

XRPUSDT is way over its TD count. Bitcoin took off, but there is still no sign of retrace. This coin tends to fall short, always, as it has been trading on the same channel for months...

If it stays above 0.28, this signals strength.
If it breaks, look out, you can search for support at 0.265 and 0.245 before even getting near to the stop loss.

Chart:

2017년 12월 12일

액티브 트레이드

An image is worth 10 Billion words... in this case:

2017년 12월 12일

액티브 트레이드

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2017년 12월 14일

노트

I don't know how this pair is doing compared to XRPBTC, but I sold all of my XRP (for BTC) expecting to buy back lower. Just a heads up.

The chart looks exactly like the BTC pair: