XRP/USD Trend. Triangle 202% 9X True/False.

Updated
The trend is pretty strong. In this upward trend, an almost perfect symmetrical triangle has formed. Notice how ugly the triangle was drawn at the beginning of the trend. Consider why this is so. 316, triangle with base 200%. Rational entry if you are a breakout or pullback trader after breaking the resistance of this triangle. If there is a strong pullback (unlikely), then from the uptrend line.

A complete development of this formation (triangle) will lead to a breakdown of the resistance of historical highs (yellow level). Perhaps he will achieve his "name".
A rollback, if possible, to the uptrend line (optional), which is not critical, but, on the contrary, a rebound from it will give even more confidence to buyers and holders in the right choice and that historical highs will be overcome. ...

After the pumping of illiquid crypto garbage and several top liquid turtles BTC ETH LTC (BNB is an exception) in the near future, it is very likely that the turn will come before the pumping of liquid cryptocurrencies which "swing like illiquid assets" - using the "stick" method. In the "greenest month for green events", two of them are likely to be pumped up with a "stick by the method of the electronic god EGOD".

I believe in "official, professional" liars.
True lie, I want to be like everyone else, blind, I don't want to stand out from the crowd
Remember when they launched the market (the entire cryptocurrency market), when they "raised XRP from their knees" after the effect of an outright false fairy tale of a terrible SEC. At an XRP price of $ 0.24 -0.26, you were almost "shouted" in the open:

"Buy and regardless of any actions with the price on the chart - do not sell if you are not a trader! Send to your wallet and forget"

Did you listen to this ???? They even told you the day openly when the pumping will start. Did you believe ??? I'm sure not.

Greed is evil.
Now 4.4 months have passed. The price is now $ 1.55, it was almost $ 2 That's 9X! Is this comparable to the bitcoin profit over this period? This is not enough for you ??? They give you money, why don't you take it? Maybe because at the moment of not understanding the work you want even more ?? Remember, everyone who is never enough will be reset in the moment.

Greed and non-gratitude must be suppressed so that everyone appreciates what was and what is left. It is only when a person loses everything that he begins to appreciate past comforts and opportunities that he has not used before. This is the only way to turn on the brain of fools.

Another question. Faith in liars.
Why the hell are you reading crazy FUD news in a couple of lines for the real fools in the cryptocurrency market ?? In the end, this is just an outright lie. Their task is to deceive you and send you on the "wrong trail". It is important for them that you become easily manipulated fools.

Why do you support and disseminate this? Why do you take fantasies and manipulative "news in three lines" (so as not to scare the text) as the truth?

Such content creators are the culprits of your misunderstanding of the market and, as a result, the zeroing of your deposit. Can't you figure it out from the rudimentary history of their "news" and price charts?
Their task is only one - to mislead YOU and THAT YOU LOST MONEY on the MARKET !!!

You are walking on a paradox.
When you are sweetly deceived by the "official news channels" with beautiful pictures (absolutely all lies and "water") - YOU BELIEVE.
When you are openly told the truth and confirmed by real actions - DO NOT BELIEVE.


MAY BE ALL THE PROBLEM IN YOURSELF ????
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snapshot
Vertical line 19 05 21 "A rollback, if possible, is to the upward trend line (optional), which is not critical, but on the contrary, a rebound from it will give even more confidence to buyers and holders in the right choice and that historical highs will be overcome ... "
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snapshot Please note that there is no such decline (terrible squeeze) on the line chart, and the price has dropped at the moment only to the zone of the upward secondary trend line. Local potential to start towards the descending triangle (red)
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snapshot Under the fall of the market on XRP, we managed to nail the trend line zone. There is a massive FUD on crypto fairy tales of various projects. According to XRP, yesterday's FUD to guide the price of McCaleb's "selling XRP" The amount of "his transactions" gives 7 + 6 + 6 776 (14/6)

Quoting their "FUD" Under this scheme, he will sell another batch of 10,008,592 (18/592) XRP tomorrow, after which his daily dumps will change again over the next seven days. Meanwhile, McCaleb has 390 million XRP in his Taco stand. "

At the moment, the price is being directed to the 0.63 level zone, squeezes can be anywhere, depending on the liquidity of the exchange and, first of all, the presence of margin trading on it. This zone is the previous resistance zone before the local pumping in the trend.

Rational input:
1) this is a part of the allocated amount for the instrument when the price is equalized at the end of the dump (sideways movement), with a clear interest of buyers (holding the price + squeeze buy-offs).
2) If there is a V-shaped reversal, then on the breakdown of the local downtrend (red), it is more rational on the rollback after the breakout when it is confirmed.
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snapshot After the reset, the price returns back to the zone of the uptrend line.
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snapshot a triangle is formed, the price is squeezed into a corner, the denouement is coming soon. The trend lines and support / resistance levels on which the development of the price movement will depend is shown on the chart. Always remember, working from local reversal zones is always at great risk. Secondary trend is less risky from trending and support / resistance zones, but you are missing out on most of the potential profit. I explained this in more detail in the video on this coin earlier.
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snapshot Continuing previous work. Everything is shown in detail and very accurately on the graph. All potential price movements and exact percentages are shown on the chart. You probably understand that these percentages are not random and are not made by people "manually" and does not have a speculative meaning. You live in a very interesting time of big changes, as well as the embodiment of various fairy tales, all for the sake of these big changes too. Who you will ultimately remain and on which side depends only on yourself ... You have the right to choose.

Even a child can master the work on trend, support / resistance levels and figures. It's a simple job. All efficiency depends only on what kind of trader you are and how you can use this information in your work.
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XRP / USD snapshot I don’t think there are perverts who trade inside the triangle at the end of its formation, but + 15% of the dynamic support of the triangle to the designated level 92222. Now is a pullback. Volatility has decreased to a minimum. The price is practically cornered, the denouement is coming soon. 777 27197.153 20.44)))
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snapshot We have broken through the 0.787 level. The local symmetrical triangle works downward. The price has reached and rested on the 0.63 level zone at the moment. With a breakdown + 19.3% at the moment. Zones of price levels on the chart.
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snapshot -30.13% from the breakdown of the local triangle to the level of 0.5544. A local reversal is now taking place from it. The support / resistance zones on which the further formation of the price movement depends is shown on the chart.
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snapshot The price is clamped under the trend line between the 0.55 and 0.65 zones, the volatility decreases. Soon the denouement. Closer to 02 07 2021 there should be a massive FUD for price direction.
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snapshot There is a breakdown of the local downtrend resistance.
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XRP / USD Secondary Trend. An expanding volatility zone. Wedge.
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XRP / USD Secondary Trend. Wedge.
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