TradingView
Tin.Foil
22. Dez. 2017 01:22

#RIPPLE (XRP) 325% to $2.85 after bullish flag Long

XRP / US DollarBittrex

Beschreibung

I expect Ripple may go 315% from the bottom of the bullish flag, as shown here. Figures come from measuring the size of the flag pole, before the flag began.

HODL for the weekend.

Safe sell zones:
$2.50 - Light Orange Line
$2.60 - Dark Orange Line
$2.80 - Red Line

After selling at that point, you may want to sit back, wait for about 60% retracement and the buy more at $1.60. HODL that through New Years and shortly after that I predict we'll be at $4.25 per XRP.

Safe, buy now at 1.20ish - sell at $2.50 (108%) - buy again at $1.60 - sell again at $4.20 (162% compounded on your original 108% gains). Overall 325% increase.

Keep in mind, my timing may be off by as much as 1 week.

Kommentar

I want to make a point here. We may not fall to the full 60% retracement level. Instead we may only fall to the 38% Fib before the bounce back up to the next level, so don't wait to long to re-enter or you may miss out on the gains.

Trade ist aktiv

Another bullish flag, expect a push up to $1.40 or so.

Kommentar

Target $1.40 nearly met. Korean exchanges are at $1.60. Expect this upward movement to continue. XRP has been the only crypto that has been maintaining positive growth out of my entire portfolio, so I've moved 90% of my funds into it at this time. Still expecting to see BTC rally after the inverse H&S throwback that is currently happening.

Kommentar

Completion of the first target, small flag within the flag. We are half way to $3

Kommentar

Considering a possible peak here. While I'm optimistic that we may see Ripple go well above where we are and it may do this tonight, I'm going through this scenario to establish a new target if we have a slight consolidation or flag here. The yellow area is my projected imaginary bullish flag and my target for New Years Day (Morning) would be $3.35.

I'm deciding if I should move more coin in and HODL through any potential turmoil over the weekend. Feeling positive, feeling optimistic either way, so I think I'm going to do it and hold for $3.35 and hope for $4.20 within 1-2 weeks after the new year.

Kommentar

Looks like a slight correction may be happening on the 15m chart. This is good, gives us an opportunity to buy more and will likely turn into a bullish flag or pennant over the next few hours, before the markets start to peak later tonight and rallies begin again.

This is a good buy opportunity, somewhere between $1.60 (if it goes that low) to $1.85. I think a good hard target would be $1.75 for a buy in.

Trade geschlossen: Ziel wurde erreicht

Target reached, $2.80. Time for a new chart, but keep in mind, we still have targets of $3.35 and $4.20. I think it's possible after a short retracement, that we can continue up to $3.35 tonight, maybe as high as $4.20 overnight.

I'm not sure what drove this today, maybe some new news? But the charts can literally tell the future if you watch them closely. :-)

Kommentar

Last Chance! $3.35 incoming...

Kommentar

ok.. targets tonight in the green box. If we wait, then we'll have a slightly lower target, but may consolidate slightly then hit the $4.20 range.

Kommentar

Hard to guess on this one on the longer term. But the pitchfork might give us an idea as to the progress we can make. Upward pressure each time we hit the Ichimoku shoulders. This puts us on target for $10 by the 15th of January 2018. Or it at least shows potential to allow XRP to hit those levels if the news is good and people push it up a little bit.

Kommentar

Breakout imminent.. we may continue this rally tonight for another 200% or so. Stay tuned..

Kommentar

We are approaching the 61% retracement area and it's time to buy back in for this next rally up to $4.20 or higher.

My quote from Dec 21st, 9 days ago:
"Safe sell zones:
$2.50 - Light Orange Line
$2.60 - Dark Orange Line
$2.80 - Red Line

After selling at that point, you may want to sit back, wait for about 60% retracement and the buy more at $1.60. HODL that through New Years and shortly after that I predict we'll be at $4.25 per XRP.

Safe, buy now at 1.20ish - sell at $2.50 (108%) - buy again at $1.60 - sell again at $4.20 (162% compounded on your original 108% gains). Overall 325% increase.

Keep in mind, my timing may be off by as much as 1 week."

I have also updated this call with a target of +180% for $5.00-5.50 from the point we stand today.



Looking back over my charts, I believe $4.20 will be a resistance area, possibly a slowdown and another bullish flag or pennant, before continuing to the $5.00-5.50 range.

Kommentar

Not sure this is a bounce yet, but looks like it.

Kommentare
PeterBrindza
My Tin.Foil, you are a LEGEND, thank you so much for all your effort and guidance!
dchakma
What is your opinion after sell off to $ 1.00 from $ 1.21 ; Can this go any lower ? Thanks
kuull
Is this trade still active since yesterdays correction?
hyerz
Does this still hold after the latest correction? Seems like end of year profit taking.....
cryptoj0e
wow thank you for this
mors2024
@tin.Foil Hi tin /tnx a lot /i belive u so much /any chance u learn me /and may update xvg /***
Coin_Future
It seems that I reach limit. I think the rally started
AJE
what a call!
ilkayozcelik
hello do you have new comments thanks lot
bitcoinlover1111
@tin.Foil
Mehr