Ripple (XRP) T.A - Let's cut out the noise and volatility with real price targets and risk levels.

Ripple payment protocol - XRP - used for their ODL (On demand liquidity) Technical Analysis with Rocky Outcrop. The prices have been quite volatile lately. Are we putting in a higher low on the daily time frame? What are the upside and downside targets? Where are the profit taking and risk management zones? All of that and more identified in this short video. I hope you enjoy it, this is a bonus video for the bonus series. Let me know in the comments if you want more!



The following indicators are used in today's video:
Exponential Moving Averages:
Yellow Solid Line = 21
Green Solid Line = 55
Cyan Solid Line = 100
Purple Solid Line = 200

Simple Moving Averages:
Red Dotted Line = 50,
White Dotted Line = 200

Oscillators:
RSI + Ema,
Stochastics
MACD

I also use Fibonacci Retracement tool and use the horizontal line tool frequently. I will point out patterns from time to time, primarily head & shoulders (H&S), triangles (usually equilateral or ascending/descending) and parallel channels.

If you'd like to know about all sorts of Tradingview & Charting tips then check out Tradespotting to get really useful and effective free tips:

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Thanks to YouTube for the audio / music in this episode.

ETH Technical Analysis with Rocky Outcrop. Thanks for joining me.

As ever check out Tradespotting for tips on using tradingview - well worth a watch - https://www.youtube.com/channel/UCI24I7XHA2yY4Fs-pVmplpA

All the best
Rocky Outcrop

#Trading #ETH

Donate with BTC: 1Ekw5XXTaUnjvpSnxewPxpz4U9HVGzvYa6

Background Video https://vimeo.com/168761372 Christian Felber - MIGN

Ethereum (ticker: ETH) is traded across multiple exchanges and has various pairings - I primarily look at the ETH/USD and occasionally ETH/BTC pairings.

Until recently I kept writing Etherium, forgive me if I get it wrong from time to time! Old habits...