XRP Intraday Buy

bax699

Well-known member
448 83
Couple of day's ago I sent out this wedge squeeze on XRP. I was looking for price to fall to the demand zone below, or trade the winning direction. Well it showed us exactly what it wanted to do. We broke out to the top side, and yesterday gave us a nice retest, which was our opportunity to go long which I took. Current daily candle is looking good and nicely in profit. I would like to see price fill that wick of the high to the left, but we need to break through that daily demand zone first, so will keep holding for now. Take some profits if you wish and make risk free. Was an easy one to take GLIYF
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bax699

Well-known member
448 83
Good evening all, checking back in on XRP trade. Last time I looked at this pair I entered long on the retest of the break out. Got stopped out at entry on that position with the bearish big candle. But watched it close with a nice 50% candle and demand zone form so I took the buy again on the candle close at virtually the same price level. Currently 943 pips up on this position, hearing good things for the XRP court cases and re listings so we might see TP hit. I've moved SL into 400 pips profit this time to secure some of the bag, if you caught this one too then id suggest to do the same. Break above supply is what's needed next before the push to TP. GLIYF



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bax699

Well-known member
448 83
Was only yesterday when I updated on XRP. But during the day and over the course of today we have seen a great bullish push in this pair. TP was almost hit. I have taken profits just under TP. I would suggest to secure the bag for yourself if you followed the setup. Or close half and leave half running. Looks likes we could see a longer bull push, but you never know. So ill be waiting to buy again if we get a little pullback. GLIYF
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bax699

Well-known member
448 83
It's usually Bitcoin I am reporting on with massive movement. But yet again today its XRP taking the stage. I had a small position left open after taking profits yesterday. I'm glad i did, as XRP has mooned straight through TP2. It's moved so fast I didn't even see it rise so much, so I am still holding currently. I will continue to hold if we close above this supply and possibly look to close and re enter if support forms here for a further move north. Hopefully you held it along with me as you will be deep in profits now. Secure the bag and let it ride. Could we see the next weekly supply zone above? GLIYF
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bax699

Well-known member
448 83
Well these are the weeks you live to trade for. XRP has smashed through all our TP zones. Been a very good week return wise for the accounts. The trades have been relatively easy to take and they had some easy technical in them to follow. I had my TP line there and left it to hit for over 4K pips. I would only be interested in buying if it came back down to the entry price area again. Or a break and retest above. But for now I will wait and enjoy the pips banked. Hope many of you managed to catch it along with me. GLIYF
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bax699

Well-known member
448 83
Good afternoon all. Looking back in on XRP today. If you were a believer in the Bull run and held onto your original position then you would of seen some heavy returns. Price smashed through the 2 TP zones I had marked up. I said on my last post that my interest in buys would be a drop back to demand or a break and retest of supply. Which is exactly what we got with the break above supply. then the daily close above supply. I then entered another buy on the re-test of that zone and mimicked the previous TP to the next supply zone above. Really easy trading to take. I advise the same possible next trades. Buy from demand or the break and retest. GLIYF
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bax699

Well-known member
448 83
Good afternoon all. Just thought I would share a chart on XRP. All crypto has taken a tumble recently. But I think XRP can be a great buy for good returns especially around these prices. It was only in April that we saw XRP at around $2 price zone. Currently at 0.61c that's more than triple the price. If you're looking to make a longer term trade on crypto I think this could be a good buy long term for the next bullish push. No need to over leverage, just a nice position and hold it. Let me know your thoughts on XRP. GLIYF
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bax699

Well-known member
448 83
Last time out looking at XRP I believed it was a cheap price to buy in at. 0.50c was a great price to buy XRP for the potential of growth. We had a lovely double bottom before the push upwards. Wether you bought to hold or traded with leverage the potential from XRP is great with this trade setup. Keep holding for now as we may have caught the start of a great bull push. Make the trade risk free as always and enjoy the ride. GLIYF
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bax699

Well-known member
448 83
Just a little update on the XRP buy that I suggested. Depending on where in you bought XRP we are currently sitting in nice profits. Currently im in 1745 pips profit and have already achieved a 1:1 R:R on this position so far. Locked my position to risk free at entry. Price made a nice little flag and has continued moving bullish . More so price is now trading above the moving average for which it is also about to point north. Keep holding for the next move. GLIYF
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bax699

Well-known member
448 83
Well would you taker a look at XRP. Certainly very bullish lately. When i gave out the signal to buy from the demand zone at the bottom it was a great decision. With XRP you can do both buying physically and trading with leverage also. The trading has hit 1:3 R:R already, and even if you bought some XRP also depending what price you got in at you will of almost doubled your money. Pretty incredible if you ask me. $1 should be hit soon keep holding for now. Make it risk free and enjoy the ride. GLIYF
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bax699

Well-known member
448 83
Would you take a look at XRP. What a trade this one is turning out to be. Currently trading at $1.29 thats 6700+ pips and over 100% return if you also bought the coin physically too. Not a bad return for a few weeks of holding a trade at all. Now to manage the positions, ive taken my money back out which I used to buy XRP and letting the rest run. My trade is already locked in with profits at just under the $1 mark so now its a waiting game, as I believe the court case news is coming soon so defo one to watch out for. GLIYF
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