XRP - The Trap Has Been Set
Analysis:
- Fibonacci Retracement
- Support & Resistance
- Order Block Flow
- Market Maker Method
Inflection Point: $1.25 (Point Of No Return)
Target 1: $1.49667
Target 2: $1.11964
Target: $0.64172
Opinion:
Despite the massive bull run up I do believe a 50% - 70% correction is inbound
My reason being is that this rise has no fundamental backing
The SEC case has not been resolved and XRP has not been re-listed on major exchanges
I do not believe the powers to be will reward retail traders
I attached my previous markup that I did before the rise
I will be looking to trade this move both ways with an emphasis on shorts
- Fibonacci Retracement
- Support & Resistance
- Order Block Flow
- Market Maker Method
Inflection Point: $1.25 (Point Of No Return)
Target 1: $1.49667
Target 2: $1.11964
Target: $0.64172
Opinion:
Despite the massive bull run up I do believe a 50% - 70% correction is inbound
My reason being is that this rise has no fundamental backing
The SEC case has not been resolved and XRP has not been re-listed on major exchanges
I do not believe the powers to be will reward retail traders
I attached my previous markup that I did before the rise
I will be looking to trade this move both ways with an emphasis on shorts
הערה
Target 1 Completed :)הערה
Target 2 Completed :)הערה
Executed Long Position @ $1.05587 Stop Loss @ $1.0232 3% Riskהערה
Stop Loss Hit 3% Lossהערה
Little bummed I messed up my buy entry but that is okay!This pullback is expected. Do not get excited as we will continue to head down :)
I will be looking for short and/or long trades when they setup according to my strategy
הערה
Executed Long Entry @ $1.3532הערה
Closed Long Entry @ $1.567הערה
Expecting a SELL OFF incoming sometime this week! Do not get attached to the long FAKE pumpהערה
XRP has trapped traders long...we may have another push up but we are primed for the sell off :)הערה
I bet everyone is yelling XRP to the moon? Sorry I even expect there will be some "BAD" news in the next coming days :)
That will kickstart the correction cycle down and then we will finally have the prices I want!
הערה
Im loving how XRP is respecting my markup :)Down the maze we go!
הערה
Just beautiful...Every time I press play :)הערה
XRP is getting ready to SELL OFF so do not get attached to those longs :)הערה
I told you not to get attached to XRP longs...How did I know the major sell off was coming? :)
הערה
Target 3 INBOUNDהערה
PERFECTION Sometimes I have to pat myself on the back sometimes
So many "gurus" online claiming they called XRP back under $1 uh huh
Check the DATE when i first did this chart...
If everyone remembers you couldn't tell someone XRP was going to drop...
God I love trading :)
הערה
I am calling it RIGHT NOWI will also be doing a follow up chart very soon
In the next 1-2 months XRP case will END and XRP will be RELISTED and then we will truly MOON :)
הערה
Target 3 Inboundהערה
TARGET 3 COMPLETED ALL targets hit next markup to follow!!!
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.