I am looking at Ripple (XRPH19) on BitMEX and it is starting to look like a breakout is now imminent... The main signal is increasing volume.
Look at the last volume bar, you can see that XRPH19 is printing its highest volume bar since the 25th February while challenging EMA10.
This is the 12H time frame and this candlestick needs to close above EMA10 (0.00008102) for this signal to be valid.
The MACD is about to have a bullish crossover as well.
Keep an eye out on this one and below is an updated LONG trade for the sake of my readers, supporters and followers, make sure to hit LIKE to show your support.
Note: Please remember that our BitMEX trades are high-risk high reward and for advanced traders only. This is not financial advice, this information is shared for learning and entertainment purposes only. Make sure to hit like for more amazing, safe, easy to follow and profitable trades.
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Trade: LONG XRPH19 (BitMEX)
Leverage: 10X-15X
Buy In: 0.00008000 – 0.00008200
Next support: 0.00007920
Time Frame: 4H
Targets:
(1) 0.00008388
(2) 0.00008550
(3) 0.00008670
(4) 0.00008833
Stop loss: Close 4H candle below 0.00007900.
Liq. Price:
(1) 0.00007608 (10X)
(2) 0.00007882 (15X)
Potential Profits:
(1) 89% ROE
(2) 133% ROE
Capital allocation: <6%.
Thanks a lot for reading...
Namaste.