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Ripple About to drop like your Nans Nipples!XRP rallied through the past 12 hours and now on a clear decline even though price is moving up the RSI is showing a very bearish signal. We need the RSI to break higher to confirm a move. The only support is currently the .618 FIB once this breaks we will head down to .0000801 region. Indicators are telling us that more then likely we will break low on this move and see a decline volume is falling out of XRP, there was some fundamental rumours that created a short lived pump now its time to exit. To confirm a break up we would need to close over the 100day ema, have volume break out of blue arrow and also see the RSI break out over 50 (in theory break out low is the clear option) We may see some sideways action at the moment we have no momentum to go up and a fall is definitively in play. Get out if we break the .618 fib. Follow me to earn and learn!
by RealCashCannon
1
TRX/BTC BUYERS BEWARE! This may be short livedTRX BTC gets some news; new exchange listing We have some strong resistance ahead before we see acceleration, TRX needs to close over the 100 day ema which its bashing on now and the .786 fib. Yellow box is strong resistance area. Once we get the close we will see some fast acceleration to targets (green lines) I will update targets after these have been hit. I am personally not going to enter here until we have a candle close over .00000421 which will confirm the next move. Entry .00000421 to .00000434 (aggressive will enter now I will wait for a close over the 100 day ema and the .786fib) Targets; Green lines 0.00000434 0.00000441 0.00000453 You will see the RSI has confirmed the break, we need the RSI to stay above the line to confirm movement if it breaks this line we need to sell. Remember this is moving and broke due to fundamental info but the EMA still shows as a bearish signal until we break them. This may be a short movement and shouldn't be looked at as a long hold until we have stronger signals, this could just be a short pump. Follow me for more simple charts to earn and learn.
by RealCashCannon
1
Classic Set up! $$ Makes Sense! Hey Followers I love these technical little trades, I think so many people miss them. On ETC/BTC, we have a double bottom formed (Circled in Blue) and a rally up through Resistance and the 50 EMA, price is now pulling back (turning resistance to support @0.00265. If we get a pullback to the level 0.00265 or the 38.2 Fibonacci retracement I will look to enter. The aggressive entry is to buy at the level, and I am likely to take that one. The conservative entry is looking for a bounce off the level and a Bullish Decisive bar on a shorter Time Frame (Maybe down to a 15 Minute chart), and then buy the break of the high of the bar. Aggressive entry, bottom of pullback at .00265 level (or above) Conservative entry close of bar over .00271 (so can buy above this price) Stop loss for either trade 0.00263 Targets are just before the blue lines on my chart at 0.00275 Target 1 0.00295 Target 2 0.00316 Target 3 You will need to get into this one quickly when the chance arrives. There is also the airdrop for this coin in around 24 hours so unless you want to take part in the airdrop (not my thing) i suggest we DO NOT hold this trade too long get in get out bank profit.
Long
by DollarsAndSense
XAU/USD (GOLD) - Aggressive 6H Entry (Trend-Change)XAU/USD (GOLD) - Aggressive 6H Entry (Trend-Change) @: 1282.30 S/L: 1274.00 (-74.5 PIPS) T/P: 1292.05 (+98.6 PIPS) Risk:Reward: 1:17-1 ENTRY: We have seen our 6H candle close -ABOVE- our major trend-line indicating a trend-change. As well as our 8H and 1D candles. We are looking for our Major T/P area of 1300.00 but our 1st T/P area is 1292.05 S/L: We placed our Stop +10 PIPS -BELOW- our Weekly Support area of 1275.00 EXTRA: Gold is a very volatile market, we don't have any major news coming out in the next few hours so we shouldn't see any odd movements. But again gold sometimes can be unpredictable. Our Risk:Reward isn't the BEST but it is above our Minimum of 1:1. *This is NOT a signal. We are NOT responsible for any type of losses you may encounter. For inquiries on our Advance Training please email us at TheForexClubFX@gmail.com
FX_IDC:XAUUSDLong
by TheForexClubFX