XRP's bull/bear transition Pt. 22We're coming to the conclusion of this pattern, and it's starting to get exciting- the real battle between the bulls & bears is about to begin!
In this video, we look at XRP/USD, BTC/USD, as well as XRP/BTC - so this is a 3 for 1 deal!
As you'll see, I believe we're about to see a rather massive parabolic shift in XRP/BTC as BTC is coming up against some resistance at $5900. We do still have another good buy-in moment if you're holding USD, as I do believe we'll see .286 or so on XRP, however it's about to get very interesting!
Thanks for watching, and please share your thoughts.
XRPBTC
Ripple: One last punch?Hello dear crypto friends, hope you're doing well!
In this video, we're gonna look at the relative weakness of Ripple (XRP) vs. the other major crypto names. I had previously given the analogy of XRP basically like a boxer lying inside the ropes at 30 cents & not being able to stand up any more.
So: The referee is counting again, what's it gonna be this time? Can XRP make another push, or was this the last punch already. Let's have a look! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Crypto Warning - Major Decline or Final Bear Trap?My biggest problem in this market right now is being unable to figure out whether this was a giant bull trap, poising us for another major decline, or if this potential drop will be the final bear trap before the bull market resumes. In this video, I present the bearish view, and why it's a strong possibility that we will see lower prices. IT DOES NOT HAVE TO HAPPEN. We could be on our way to a reversal. I'm just expressing my feelings of concern, and why Im feeling this way. Perhaps this means it's a good buying opportunity. Or...if we do drop quickly here, it could also be that final capitulation many people have been waiting for to end the bear market.
Things have not played out the way I would expect them to however, if the market was reversing right now. And much of that has to do with the performance of ETH, XRP, and XLM.
Additionally, a lot of altcoins have reached my bullish targets:
LTC to around $100 (expected retrace towards $50-60 at minumum)
XLM to $0.13-0.14
NEO to $13-14
NANO to $1.80
This idea is not financial advice. I'm just taking what I see and doing my best to analyze it. This is also the sort of psychology that would cause people to consider selling, due to risk aversion. If the market does drop here, this is the psychology behind it. It's a bit of a parody, but this explains the snowball effect, and why a speculative market like this is strongly influenced by psychology, rather than external news:
1. The market looks like it's reversing! Finally! We made it guys!!
2. But wait....why are my small cap coins crashing? Will they survive the bear market?? Better put my money in safer altcoins or Bitcoin.
3. Damn, my "safe" alts aren't doing anything. Maybe that wasn't the bottom after all! Better put all my money into Bitcoin, in case it takes over.
4. Why isn't Bitcoin going up either?? Wait...it's dropping...the whole market is dropping! Better sell everything! (Capitulation)
I will probably post a more detailed written analysis soon when I have more time.
-Victor Cobra
Victor Cobra's Trading Challenge Part IV (Risk Management)Update on my small trading challenge. Just sold everything for a 20% overall profit, since I wanted to lock in some gains. Some of the coins (XRP and XLM) may bounce soon, but the market is looking a bit scary to me at the moment, so I feel more comfortable exercising some risk management here. I can always look for better opportunities later on.
This is not financial advice. This is just an update on what I'm personally doing.
-Victor Cobra
Victor Cobra's Trading Challenge - Part III (NANO/XLM/XRP)Just an update. Things are going decently so far. I guess we'll see how things develop.
This video is not financial advice. This is just to log my personal venture.
-Victor Cobra
Victor Cobra's Trading Challenge - Part II (NANO/XLM/XRP)NANO has moved up 40% in USD since I bought in. Looking to take at least partial profit soon. XRP and XLM have moved up in USD value, but sold off into Bitcoin during today's rally. That's okay. This is a USD trade (so I don't care much about ratios, although it would help me make better trades, obviously). Let's see how things continue to develop!
Here's the link to the previous video with targets in BTC and USD price:
This is not financial advice. This is a personal trade. Just keeping track.
-Victor Cobra
Victor Cobra's Trading Challenge - Part I (XLM/XRP/NANO)Repost of the video I made last night. This one's a little shorter. I bought 3 coins with the intention of cashing out completely once I reach a profit goal, rather than holding long term. I may fail miserably at this, but it's a learning experience :)
Entries:
NANO - 2525
XRP - 7600
XLM - 2620
Targets:
NANO - 2750 (already hit), 3300, 4000, 6000
XRP - 8700, 11000, 14000, 22000
XLM - 3500, 4000, 5000
Possible USD targets:
NANO: $1.80-$2.20
XRP: $0.60-$1.00
XLM: $0.25-$0.35
Looking at the XRPUSD chart is interesting. On the Bitstamp log chart, we seem to have broken out of the triangle and even retested it as support:
XLM as well. May complete a giant inverse head and shoulders on the USD chart.
Anyway, this is not financial advice. This is a personal trade I'm doing, and it may not play out in my favor. I will post updates.
-Victor Cobra
Ripple Macro AnalysisHello dear Ripple fans, traders & HODLers! :)
In this educational Macro Analysis, I'm gonna show you how to analyse the XRP Weekly chart correctly just by yourself, without having to rely on anybody else.
From a fundamental standpoint, it is currently not clear, how XRP tokens in the Xrapid framework would really get used in the end, as there are dozens & dozens of partnerships going on in this space. But this all doesn't matter to understand the market.
When we look at a chart, first of all we always wanna know what's going on right now: Are we in a core bullish or bearish trend?
Fibonacci shows us clearly in this case that we broke the core bullish trend when we retraced underneath 1,4 USD and since then we're still in a core bearish trend. We would have to break 2,2 USD to the upside in order to reverse the trend. No need to mention that we're far away from that currently, but what else can we see?
We had a very nice Equilibrium range between 15-30 before the FOMO break out in 2017. This box is currenty the most important S&R-Zone for Ripple.
Because if we look closer, since the tops, we're basically in huge descending mode: We have Lower Highs in huge distances, but since August last year, almost always our S/R-Zone, which has now slightly moved up to the ranges of 25-30 USD: We're currently building a slightly tilted Descending Triangle .
In order to break bullish & reverse the weekly trend, we would have to break above the Weekly Lower Highs at 0,4666 and 0,6 respectively, without counting that huge wick that occured in the September break-out.
We could also bet on Bottom-fishing here, based on the important S/R zone, putting our stop loss underneath 25 psychological for the case it breaks bearish.
Speaking of which: Should we really break bearish from 30 psychological (which is the more likely scenario in a Descending Triangle), we would first of all have the potential to reach 25, which is more than 10% profits already. But obviously, we could go further, reaching the bottom of the previous S/R zone at 20-15 psychological, which would amount to 30-45% amazing profits.
Being able to analyse the chart like this by yourself is crucial, in order to make informed decisions, not just as a trader, but also as a HODLer.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Trading is the best business ever. (X-MAS SPECIAL)Hello my dear crypto friends, hope you're doing well guys! ;)
In this special Christmas episode, we're going to go over 2 trading setups with Ripple & EOS, and I'm going to show you why technical analysis works & why trading is the best business in the world.
Have fun watching & have great holidays! ;)
If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally in 2013.
Crypto Analysis: BTC XRP XLM ETHHello dear crypto friends, hope you're doing well guys!
We're gonna be looking at the major crypto names & the patterns which are forming right now on the 4H to Daily, and also at the bigger picture on the weekly.
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally in 2013.
Bitcoin: Where Is The Bottom?Hello dear crypto friends, hope you're doing well guys!
After breaking the bear flag & EQ from the last video, grandpa Bitcoin is going towards the 3.000 psychological now: Be prepared to see a bullish reaction any time. That wouldn't mean though that we have found our bottom: for this we compare it to the bottom building phase from 2014-2016. The market has rejected 6.000 Dollars as fair price, and this is esp. important given the manipulation rumors by Tether/Bitfinex, that they had been pumping the price all the way up after each pullback.
The other Alts: Ripple couldn't form an EQ on the weekly, also Stellar broke its bottom of 0,18 giving 20% profit. Ethereum finally arrived 100 psychological, which we had been calling for 3 weeks now.
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally in 2013.
Crypto Analysis: BTC; XRP; XLM; ETH; EOSHello dear crypto friends, hope you're doing well guys! Happy Thanksgiving to my American friends.
We're gonna be looking at the biggest crypto tickers right now: Most of them are in equilibriums & bear flags.
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally in 2013.
XRP Above Previous Break Zone, BTC Still Fighting ResistanceHello my dear crypto friends, hope you're doing well!
As grandpa Bitcoin broke it's 4H lower highs to the upside, other Alts followed. I'm showing you especially how I took profit on my positions of the previous equilibrium break with Ripple (XRP) and EOS.
Ripple (XRP) is relatively strong right now, as we're above the previous break zone of 0,458 again, compared to grandpa Bitcoin, who is still fighting with the resistance.
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Ripple Bear Break -10% Profits!Hello my dear Ripple (XRP) traders, hope you're doing well!
In the latest idea, Ripple had broken the lows at 51 cents, and I was showing to you, how the pattern can repeat itself with 47 cents: It is exactly what we got, and I personally made beautiful more than 10% gains up until here already.
Right now we're hugely oversold and still cooling of RSI on almost all of the alts. Should we get continuation from the descending triangle on the 15min, next big support is at 37,4 from the previous highs of the downtrend. In order to change the trend, the bulls have to break 43 cents. => Keep in mind the correlation to grandpa Bitcoin: All eyes are on the important 6.100-5.800 support of BTC: The break here will determine cryptos future for the coming months.
Have fun watching! ;)
If you're not seeing stuff like this, if you didn't make those 10% profits, but instead lost on this break, make sure to follow me! If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Ripple: Perfect Break + 8% Profit PotentialHello my dear Ripple (XRP) traders! Hope your weekend is going well guys ;)
Quick update: We've broken the double bottom try with a perfect & clean break to the downside, giving 8% vs. a 2% risk: I'm gonna show this perfect trade to you. Before that, like I had updated on the latest idea, we had a simultaneous break with Bitcoin & all Altcoins, which was a fake-out & triggered a lot of stop-losses.
Right now, we're on a a descending/continuation pattern on the Hourly/4H: The break of 47 cents could definitely lead to 45, or even previous lows at 0.435. In order to change the trend, we have to break the current 4H lower highs, which come in at 49 cents.
Situtation in XRP/BTC is pretty similar, see the numbers in the video. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up, because the video gets shown to other people then. Make also sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Ripple + Bitcoin +Ethereum + EOS EquilibriumsHello my dear Ripple (XRP) traders, and also everyone who is interested in Bitcoin, Ethereum and EOS!
As the title suggests guys, we're right now building equilibriums on the major 4 here.
Ripple has to manage to uphold 50 cent psychological, otherwise we have room up until 45 cents. Same in the direct correlation XRP/BTC, where we're trying to maintain .77
Bitcoin is right now in this smooth bear flag: Will the bulls be able to defend 6.000, if we break another time bearish?
Ethereum has broken one bear flag into another smoother one, and is right now inside an equilibrium between 214 and 240.
EOS has the longest enduring equilibrium of them all on the daily, where we're now in between 5,4 and 6 Dollar psychological, which will see a nice break with big profit potential coming.
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up, because the video gets shown to other people then. Make also sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Ripple Breaking Daily Inside Bars + Bitcoin AnalysisHello my dear Ripple (XRP) traders, hope you're doing well!
Ripple has just broken its multiple day inside bars, which are always an equilibrium on the smaller time frame like 4H. With that, we have right now reached the previous resistance from last week at 60 cents, and it's normal to see some reaction from the bears here. If you got triggered in with the break of the 4H equilibrium, awesome! Now you can wait & see, if we can get any follow through.
XRP is even stronger in the direct correlation to Bitcoin, reaching .9 previous resistance (without nills): Very similar picture to the USD consolidation.
This begs the question, what is grandpa Bitcoin doing? => Here we're still in this daily bear flag, which is getting more critical by the day. It is hard to imagine, that a bear break with Bitcoin at 6.000 wouldn't have any effect on Ripple. A bull break on the other hand, would fuel Ripple's growth even more.
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up, because the video gets shown to other people then. Make also sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Ripple in Ascending TriangleHello my dear Ripple (XRP) traders, hope you have a nice weekend guys!
Ripple is right now in an Ascending Triangle: We are making Higher Lows, but we have the same Highs,which come in at 60 cents, 0.628 conservatively.
Should we lose the Ascending Triangle to the downside, this will turn into a more prolonged equilibrium, where we have either 0.535 or 50 cents as the bottom support.
Also, we look at Ripple in direct correlation to Bitcoin, XRPBTC. Bitcoin is right now at critical 6.800 yet again.
Have fun watching! ;)
Ripple Explosion -5x Move Ahead?Hello my dear Ripple (XRP) traders! I don't need to ask you: I know you're doing fine! :D
In this video, we do a recap of what happened since last Friday's video: what an amazing ride guys!
=> I show you nice & beautiful setups, that I played all the way along up until here.
At the end, I make a comparsion to EOS' move from April, where we basically 5xed! => Should the same happen with Ripple, there is definitely still some room ahead of us, and the bears need to be very very cautious in their plays, or they'll get run over by euphoria-doped bulls! Have fun watching ;)
If you didn't see this move coming, if you're not familiar with those patterns I'm showing you, make sure to follow me!
If you had some value from my analysis, give it a thumbs-up, because the video gets shown to other people then.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.