XRP Idea

12 Eki 2017

[WARNING : NOOB TRADER TALKING]

Hey I'm new to trading but I try to focus on a handful of coins to really get a feel for their specific behavior. In this Idea I see the momentum of XRPBTC changing a little bit. I tried out some indicators and this combination of FIBONACCI Retracement, MACD and a Cycle Indicator have been very accurate if you look back at the whole chart. I think XRP will test the 0.38 Fib Level. My idea is to swing some XRP into BTC when we approach that Fib Level.

DON'T FORGET : I'M JUST A NOOB TRYING OUT SOME INDICATORS.

I hope this works out.

Have a nice day

12 Eki 2017

Not

Even though it did not play out exactly the way I anticipated, I think that there is some kind of mini triple bottom forming now. There is definitely some resistance and I still think that we can squeeze some more BTC out of this. Hold tight!

12 Eki 2017

Not

Okay Guys last comment before we make some sleepy sleepy time. This is a very crucial point in this trade idea. We are still fighting against upper resistance line but we made a third bounce which indicates good support. On lower time frame we are breaking through the resistance. I wish you all good luck!

General advice: It's a very special time in the cryptomarket where it's superhard to outperform Bitcoin. So don't get greedy. Set your goals. Increasing your BTC amount by a few % is already a big win at this point.