XRP WEEKLY UPDATE - WICK DOWN TO .37 BEFORE ROCKETING TO $13+ ?!
SHORT TERM BEARISH BUT BULLISH IN A FEW WEEKS/MONTHS?!! MAY SEE A WICK DOWN AROUND .37 (TO TEST THE PARALLEL CHANNEL) BEFORE BREAKING TO THE UPSIDE??!!! OR WE SKYROCKET FROM HERE, WE NEED TO SEE WHAT BITCOIN MOVE IS GOING TO BE!! LETS SEE WHAT HAPPENS!!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
ELITES BEEN MOVING THEIR BITCOIN BACK AND FORTH INTO XRP MANIPULATING THE PRICE. THIS HAS BEEN GOING ON SINCE 2013. THEY KNOW WHEN TO BUY AND SELL, AND RIGHT NOW THEY ARE ABOUT TO BUY XRP WITH BITCOIN AGAIN. I DO NOT FOLLOW ITS FUNDAMENTALS OR NEWS. I'M NOT EVEN A FAN OF ANY OF THESE ALTCOINS.. I DONT CARE IF THEY ARE GETTING SUED. NEWS CREATES WICKS, BUT THE BODY OF THE CANDLES TELL THE FACTS!
SEC SUED AMAZON AND TESLA . ALL AVERAGE PEOPLE SOLD WHILE ELITES BOUGHT! THEY ARE NOW THE WORLDS RICHEST PEOPLE. THEY ARE DOING THE SAME EXACT THING WITH XRP!!!
Everything is on the chart! I AM NOT A FAN ON XRP AND ITS FUNDAMENTALS. I DON'T CARE IF IT MAY BE THE WORLD CURRENCY, OR USED FOR CROSS BORDER PAYMENTS. THE STRUCTURE OF THE CHART IS WHAT COUNTS!! XRP is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
Cup and Handle - is considered a bullish signal extending upward, and is used to spot
opportunities to go long.
AWAITING STOCH RSI TO CROSS BULLISH AND TO BREAK THE 20 STOCH RSI LEVEL!
RSI IS HIGHLY OVERSOLD CREATING A BULLISH DIVERGENCE ON THE WEEKLY!
BREAKOUT IS MEASURED BY THE DEPTH OF THE CUP MOVING IT TO THE NECKLINE
OF THE BREAKOUT!
BUY TARGETS if we head lower! (highlighted in Blue. THIS IS WHERE AVG PEOPLE BUYS TO BECOME RICH!):
Target 1: $0.60 (Corresponds to the 1.618 Fib)
Target 2: $0.37 (Corresponds to the 0.618 Fib which would touch the parallel trendline in August!)
SELL TARGETS (HIGHLIGHT IN GREEN)
$13 - $50 (Which corresponds to Fib levels!)
*NOTE* FIB LEVELS WERE TAKEN ON THE DAILY TIMEFRAME. THIS WOULD CREATE WICKS ON THE WEEKLY, BUT TO GET A MORE ACCURATE READING, WE NEED TO CAPTURE TARGETS ON THE LOWER TIMEFRAME. *NOTE*
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
ELITES BEEN MOVING THEIR BITCOIN BACK AND FORTH INTO XRP MANIPULATING THE PRICE. THIS HAS BEEN GOING ON SINCE 2013. THEY KNOW WHEN TO BUY AND SELL, AND RIGHT NOW THEY ARE ABOUT TO BUY XRP WITH BITCOIN AGAIN. I DO NOT FOLLOW ITS FUNDAMENTALS OR NEWS. I'M NOT EVEN A FAN OF ANY OF THESE ALTCOINS.. I DONT CARE IF THEY ARE GETTING SUED. NEWS CREATES WICKS, BUT THE BODY OF THE CANDLES TELL THE FACTS!
SEC SUED AMAZON AND TESLA . ALL AVERAGE PEOPLE SOLD WHILE ELITES BOUGHT! THEY ARE NOW THE WORLDS RICHEST PEOPLE. THEY ARE DOING THE SAME EXACT THING WITH XRP!!!
Everything is on the chart! I AM NOT A FAN ON XRP AND ITS FUNDAMENTALS. I DON'T CARE IF IT MAY BE THE WORLD CURRENCY, OR USED FOR CROSS BORDER PAYMENTS. THE STRUCTURE OF THE CHART IS WHAT COUNTS!! XRP is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
Cup and Handle - is considered a bullish signal extending upward, and is used to spot
opportunities to go long.
AWAITING STOCH RSI TO CROSS BULLISH AND TO BREAK THE 20 STOCH RSI LEVEL!
RSI IS HIGHLY OVERSOLD CREATING A BULLISH DIVERGENCE ON THE WEEKLY!
BREAKOUT IS MEASURED BY THE DEPTH OF THE CUP MOVING IT TO THE NECKLINE
OF THE BREAKOUT!
BUY TARGETS if we head lower! (highlighted in Blue. THIS IS WHERE AVG PEOPLE BUYS TO BECOME RICH!):
Target 1: $0.60 (Corresponds to the 1.618 Fib)
Target 2: $0.37 (Corresponds to the 0.618 Fib which would touch the parallel trendline in August!)
SELL TARGETS (HIGHLIGHT IN GREEN)
$13 - $50 (Which corresponds to Fib levels!)
*NOTE* FIB LEVELS WERE TAKEN ON THE DAILY TIMEFRAME. THIS WOULD CREATE WICKS ON THE WEEKLY, BUT TO GET A MORE ACCURATE READING, WE NEED TO CAPTURE TARGETS ON THE LOWER TIMEFRAME. *NOTE*
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch