Coin: $BAT/USDT
Direction: LONG
Leverage: 10-20x
Entry: 0.69-0.72
Target 1 - 0.7687
Target 2 - 0.7840
Target 3 - 0.7997
Target 4 - 0.8157
Target 5 - 0.8320
Target 6 - 0.8487
Target 7 - 0.8656
🚫 STOP LOSS: 0.6191
- Use Only 5-10% Of Your Balance.
Direction: LONG
Leverage: 10-20x
Entry: 0.69-0.72
Target 1 - 0.7687
Target 2 - 0.7840
Target 3 - 0.7997
Target 4 - 0.8157
Target 5 - 0.8320
Target 6 - 0.8487
Target 7 - 0.8656
🚫 STOP LOSS: 0.6191
- Use Only 5-10% Of Your Balance.
⭐️ Altcoin Update: Ripple (XRP) ⭐️
Although the crypto winter is slowly thawing, XRP may not be out of the woods yet. It’s been trading in a tight horizontal channel for the past few days, giving us a likelihood of a 50-50 breakout chance on either side.
And if you’re looking at Ripple’s longer prospects, you may want to keep an eye on how the SEC lawsuit plays out. Ripple intends to go public once the lawsuit is over and is already buying back its shares to beef up the balance sheet.
So far, the XRP has maintained steady support around 0.55 with a fleeting resistance at 0.65. Going forward, a breach above 0.65 will be our bullish signal, but if it trades below 0.55, we should expect the current bear run to continue for a while.
Should either scenario happen, these are our key targets in the medium term
R1 0.65
R2 0.768
R3 0.957
S1 0.55
S2 0.465
S3 0.384
https://www.tradingview.com/x/3emSK5uY/
Although the crypto winter is slowly thawing, XRP may not be out of the woods yet. It’s been trading in a tight horizontal channel for the past few days, giving us a likelihood of a 50-50 breakout chance on either side.
And if you’re looking at Ripple’s longer prospects, you may want to keep an eye on how the SEC lawsuit plays out. Ripple intends to go public once the lawsuit is over and is already buying back its shares to beef up the balance sheet.
So far, the XRP has maintained steady support around 0.55 with a fleeting resistance at 0.65. Going forward, a breach above 0.65 will be our bullish signal, but if it trades below 0.55, we should expect the current bear run to continue for a while.
Should either scenario happen, these are our key targets in the medium term
R1 0.65
R2 0.768
R3 0.957
S1 0.55
S2 0.465
S3 0.384
https://www.tradingview.com/x/3emSK5uY/
TradingView
TradingView Chart
The market is going to dump. Tomorrow is Chinese New Year and every Chinese New Year the crypto market dumps.
Use tight Stop-Loss.
Use tight Stop-Loss.
As of right now, this appears to be a trend reversal for the short term on Bitcoin. Huge single day powerful candle formed. Ideally we see some selling pressure come in on this single day candle. Provide us a chance to buy some more longs as more charts shape up. It would appear the correlation between US30 and Bitcoin has somewhat been dismantled. As im also short US30 right now for a very profitable trade, while bitcoin exploded in the oppositie direction. Somewhat relived to see a decoupling of the two pairs
Im still watching for bull traps on BTC though and i will potentially re short BTC
Market Resumes Soon, Last week wasn't so great but hopefully this week the market settles down✅
HEY TRADERS
The hardest parts of trading:
1. Patiently waiting for the right setup
2. Boldly pulling the trigger on the right setup
3. Calmly accepting the final outcome of the right setup
⚠️ This is in no way a financial advice. Trading is a highly risky adventure and you should do your own research before going in and trade responsibly!
Are you a forex trader who is tired of running a rat race with little or no capital? Are you a forex trader who requires funding to take your trading to the next level?while trading in your own way.
Are you a forex trader that needs more analytical insight about the forex market,
Discover how to earn in $$$ daily from the Forex market
Happy weekend trader
#knowledge
#keepgrinding
The hardest parts of trading:
1. Patiently waiting for the right setup
2. Boldly pulling the trigger on the right setup
3. Calmly accepting the final outcome of the right setup
⚠️ This is in no way a financial advice. Trading is a highly risky adventure and you should do your own research before going in and trade responsibly!
Are you a forex trader who is tired of running a rat race with little or no capital? Are you a forex trader who requires funding to take your trading to the next level?while trading in your own way.
Are you a forex trader that needs more analytical insight about the forex market,
Discover how to earn in $$$ daily from the Forex market
Happy weekend trader
#knowledge
#keepgrinding
Top Fundamentals for the Day Monday 07 March 2022
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#FundamentalsNews🔰📉📈
CHF - Unemployment rate
EUR - Retail sales MoM
EUR - Retail salesman YoY
#FundamentalsNews🔰📉📈