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XRP / USD triangle or super pumping?) Price is now 0.44

By SpartaBTC
Updated
After pumping about + 200%, the deepest retracement to the level of 0.44. Then the decline slowed down From the 0.3666 to 0.343 zone, the dump stopped (downtrend). If the price consolidates above this downtrend, a triangle may well form before the "online court hearing" 22 02 2021. I think everyone understands that the court is a fiction. Before the trial, there will be 15 02 2021 a joint letter from SEC and Ripple with each with their own arguments. Who is not aware of the "court" will be online "on Skype" or a similar service))).

It is also worth noting that the triangle and its range are conventions. It is like a possible logical variant of the formation. This figure is most suitable for instilling uncertainty for the event 22 02 2021

22222/1/11. Which translates as a grand conspiracy of people under an iron leadership. Nobody ever hides anything, everything is always openly and publicly. The rules of the game are not violated. The cat always warns the mouse that it will be raped and then eaten. The trick is that most people don't get it. This does not bother manipulators. Misunderstanding is the problem of "misunderstanding" people and their education, logical thinking, and so on ...

If, nevertheless, a triangle forms, then it will be quite large. Doubt of people and uncertainty about actions give rise to volatility and, as a result, potential for earnings. You can work inside the formation at the beginning. Closer to the event, the spring will be compressed and ready to fire.

You also need to understand that if the price breaks through the level of 0.666 and then 0.777, then it is quite possible that the SEC plot is canceled (decided in advance in full or partially / indefinitely). Satisfaction of the expected needs of very greedy people will begin, so that, thanks to the quality of such people, they completely empty "inside and outside". Now price is 0.44
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snapshot + 30.31% from the level of 0.3666 to 4777 Now the price is 0.449
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snapshot
Pay attention to what an interesting local pattern has formed (I showed a lot with live examples and explained (mechanics) why it is formed, not in books). Today is the 9th. Btc - B2 showed an impulse of + 21%
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snapshot +44.72 exactly to the specified level of 0.64
From the reversal zone after the "popular group" pump + 74.58% At the moment a rollback is taking place. The price is still in a local uptrend.
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snapshot
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snapshot
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XRP / USD Timeframe 1d. Levels and trending for work
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snapshot After a false breakout of the triangle + 13% (removal of the stop loss of shorts), the breakdown of the triangle -25% to the upward local trend line green (thin line) and the indicated level 0.366 Buyback by squeeze to 0 , 44 if we fix above this level - the local correction is over. If not, then the panic sat down on FUD tales and at least down to 0.31 (green secondary uptrend).
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XRP Geniuses of the game Triangle + Head and Shoulders
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snapshot + 11.82% at the moment. Large customer volume.
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snapshot + 37.7% from the breakdown of the downtrend from the 0.440 reversal level. Now is the important moment.
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snapshot + 46.72% from the breakdown of the local triangle resistance on this liquid instrument from the 0.44 reversal level at the moment. Notice how the price moves along the zone of the indicated trend line. At the moment, the price has approached the important resistance zone of the 0.63 level, if this resistance breaks through and the price consolidates, then "eco-friendly pumping" begins, if not, then there is a high probability that the price falls into the zone of the 0.494 level into the zone of local accumulation. I try to give the most accurate data for work not for the level of "hamster". Be attentive, learn to see what is hidden from the blind.
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snapshot + 52% from the breakdown of the 0.63 level zone The target of the 0.92 level has been reached. The pumping continues. The resistance of this triangle (secondary downtrend) is broken, if the full daily candle closes, it will be a very good sign, as the potential for consolidation above it will give, it will mean a reversal of the secondary downtrend. There may not even be a rollback after a breakout to a retest, although it would be good for more confident growth. The price can be driven very strongly. Triangle targets from 170 to 230%. 22nd "ecological gathering"
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snapshot + 78% breakdown at the moment
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snapshot after an impulse of + 80% into the 1.13 zone, a pullback is formed and a triangle is formed. Which, in the event of a breakthrough of resistance, can act as a canvas of an ascending pennant with a flagpole of 80%. If the price cannot overcome local resistance, then retest to the breakout zone of the former resistance of the large triangle. This is the less likely scenario at the moment, but should not be ruled out.
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snapshot + 40% from the breakdown of the local triangle for 4 hours. From the breakdown of the big triangle + 140%
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SpartaBTC
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