Ripple is going to start another wave of Ripples | Hodl Tight

CryptoKraze here



In this post I am going to cover technical analysis of Ripple for Mid term trade. I am using tradingview charts and price linked to Bittrex exchange. Let's have a look on technical aspects of Ripple.



Possibility on 1 Hour Chart

xrp1hr.png

If you look at 1 hour chart, you will see Ripple has made a big impulsive move and now it has formed a bullish flag. This is very common pattern in crypto currencies, whenever a coin breaks with big impulsive move, it pulls back and wait for some time before making next impulsive move. If we look at RSI, it has gone above 70 level in first impulsive move and has dipped to 50 level now, so we have pull back done and next impulsive move is ready. I was waiting for this dip to get in another short trade.

  • I have a buy entry at 0.00017500 with my profit target will be around 0.00024000 or above.
  • Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.


Have a look on my other Posts

Bitcoin Technical Insight by Crypto Kraze | We have started Journey to $24,000

Averaging Technique in Crypto Trading

Steem has formed Bullish Flag | We are going to hit $10

$ZenBtc Technical Analysis | Triangle Breakout Expected from this support line

TenxPay Technical Analysis | Symmetrical Triangle about to breakout



If you like my posts and analysis and want me to add analysis on more cryptocurrencies, let me know in comments and I will add analysis



Disclaimer
Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose. Bitcoin unexpected move will make this analysis void.



steemit footer.png



The @adsactly Society is junction for all those having some skills & free thinking and want to cooperate. It is a way to create better environment at steemit.



Go Adsactly


You are welcome to join @adsactly Discord Channel

Follow ADSactly at Discord



Sort:  

Time to Double .. No Triple... No Quadruple your Crypto Earnings.

Sign up today!

Never miss one of @CryptoKraze's remarkable Analysis
With instant SMS Notifications you will never miss a post from @Cryptokraze, the master of the Cryptocurrency Technical Analysis.
Be the first one to the Crypto Exchange to place your buy orders by being the first one to read CryptoKraze's Analysis.

Sign up Today For the Crypto Kraze SMS Service

Just my two STEEMS Worth.Steemerica_mini.JPG Steemerica_mini.JPG

Thanks man
What is this SMS service you mentioned here?

When you make a new post I have an app that reads the STEEMSQL database and it sees your post. It checks once every 70 seconds to see if you have updated your blog. If you have posted a new forecast then anyone that has signed up for the SMS service can get a notice to their cell phone almost as soon as you post it.

I have found that on many of these crypto forecast that getting to the exchange as soon as possible can be the difference in a payout being 100X the investment or just 2X if you get your buy orders in later.

Also a lot of folks cant sit on the computer all day like some of us that actually make our living on them can. Perhaps they have an office jobe that keeps them off the computer for the better part of the day. That means they miss your valuable info until they get home.

BUT.... if they get an SMS message about a crpto they are interested in from you they might drop what ever they are doing to login to STEEMit and look at your advice then run over to Bittrex and by 10,000 XRP or what ever your forecast is about.

Bottom line is I did this for @Haejin and it caught on pretty well. So I told folks let me know if there is anyone else you would like to get SMS notifications on. YOU are one of those STEEMians that someone was interested in getting notices about.

So in the end it is just a service that gets people that value your advice to your post as soon as you post them.

Flattery in a manner.

That is cool app you have. I like it

Its developing a nice support area on the hourly chart - waiting for the rally after the recently bad news:

I don't really think it's bad news. Coinbase has to cover its butt after their huge gaffe with BCC. I still think we see Ripple on Coinbase in 2018, but this is pure speculation. I just don't put too much stock in them saying we have no plans to add any securities. They simply don't want more negative attention or to increase their risk of regulation.

I agree, XRP is going to be listed on coinbase sooner than later

nice
i follow you