Ricky87_

Ricky87_

As said yesterday I was expecting a bounce from the 61.8 area up to the 1.2180 area. Trade closed and waiting for continuation price action or a daily close back below 1.2158 for shorts

Ricky87_

61.8 retracement of the 1.2050 low on may 13th. Hoping to catch a bounce up to around 1.2180.

Ricky87_

Don't be fooled by the "bear" flag.

Ricky87_

My previous post, I suggested that upside reversal was imminent if we got a break out of the falling wedge. We did and it has provided must need optimissim. The first real resistance I expected was around the $1. If we can get a break out of this 1.15 should be the target. A more Conservative approach would be wait for a break out and buy in on retests of $1

Ricky87_

Currently retesting a very important 3 year resistance level hoping to turn support. A wedge forming on the 1 hr chart. 30mins shown on this chart for a clearer view. Rsi is oversold. And it's also great to see the daily rsi oversold at a level were previously it would've been over bought. All signs ⬆️

Ricky87_

When there's blood on the streets, buy, even if it your own. Where is this going? The chart gives this answer. Its still 400% up on the year

Ricky87_

I still don't see why this is impossible. We're clearly heading to break all time highs. And if this can go from 0.10 to 3.5 in a matter of weeks, why would 1.10 to 100 be unthinkable. And yes the chart is a mess, but I'm lazy

Ricky87_

As much as I don't want this to happen, I would much rather a non stop surge up at this point, it looks to me like it will head down a bit. I don't seen it as a sell opportunity, more like another chance to buy

Ricky87_

Although the ups n downs and consolidations are very frustrating, I think there will be hella reward at the end.

Ricky87_

I will be holding my xrp trades for a very very long time. No interest in selling whatsoever, I'm just waiting for more buying ops

Ricky87_

Thoughts and opinions please.

Ricky87_

Take profit hit a little sooner than expected

Ricky87_

Just taking a quick trade of the 32.8 fib level after an impulse. Should work

Ricky87_

Simple, really

Ricky87_

Another target hit. A break above this level, then its buy and hold

Ricky87_

With the target finally being hit on my previous trade, I'm pretty confident with this continuing up with a tight stop loss. If it stops out, we will look for another buy

Ricky87_

I would have preferred entering on a retest of 38-40000 but as that hasn't happened I'm happy with this entry with a tight stop. It could break down past my stop, then I'll look for buys again around 40

Ricky87_

I'm only assuming here. But shouldn't 1.9trillion dollars of stimulus weaken the dollar even more?