XRPUSDT - TacoStand now closed 🌮Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
FINALLY ! In his infamous “tacostand” wallet, Jed McCaleb ( founder of Ripple Labs ) has finally ceased selling all of his XRP holdings.
The former Ripple exec made his final XRP transfer on 17 July for 1.1 million XRP (worth $394,742.18). A few hours later, the account displayed “ACCOUNT DELETE” transaction, suggesting that it will be removed from the XRP ledger. The transaction completes the 9 billion XRP sell-off McCaleb started in 2014. He did so after leaving Ripple Labs to co-found and work on Stellar.
This may very well be bullish news for the XRPUSDT / XRPUSD community. Jed was dumping large piles on the market, creating a huge supply zone as often as his contracts allowed him to. Now, all of that supply is finally gone and the market may become healthier or more "organic".
Related news Highlights in Crypto :
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In other cryptocurrency markets :
⁕ Bitcoin BTC reclaims $23500k support zone
⁕ ADAUSDT reclaims $0.5c support zone
⁕ DOGEUSDT up 9% over 24h
⁕ Ethereum reclims $1500 support zone and aims for $2000 resistance zone
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CryptoCheck
ALTS
ETH taking dip soonAs BTC is making fakeouts and there has been profit taking by the investors. Same scenario will be followed for the ETH. Any pump might lead towards the dump as in bearish cycle, each and every pump is for short term profit taking and then dumping the price. ETH has also been making a classical bearish flag pattern plus the fundamentals are also aligned.
Check the critical levels mentioned in the chart.
After a fake breakout, check for the test of 50MA and monitor on the 4h time frame for short entries.
Short entry from 1350 to 1400
SL 1540
TP 1100 to 1020
I will also post the followup posts. Thanks
CRYPTO total ; ALTS ; repeating RSI patternsCRYPTO total ; ALTS ; repeating RSI patterns
as the title; the last one linked showed our potential roll over, which unfortunately has happened and a bear market is now in full swing. seems like we are at that capitulation omega point in the cycle.
hard to tell which one of those two red arrrows we are at IF we are just repeating cycle momentum here. looks like a potential bottom, or at least large bounce, after riding back to double bot on the small time frames here.
also we fast roll over here, and a massive last leg down happens real fast. like minus 30-50% in a day or two.
its actually an easy play because it will be strong and fast either way.
lesson: dont put your buy too low within the 'roll over dome threshold' lol! dont get too greedy on your bounce entry in other words.
How BTC Gets To $500k - BE PREPARED MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
This is how BTC gets to $500k, This will also be when its amazing to accumulate ALTs
BE PREPARED and DO NOT MISS THIS OPPORTUNITY
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If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
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Improve Your Trading... Bitcoin's Path To $44KWe have to go beyond patience because that is something we already are familiar with, this is something we already have.
Bitcoin takes time.
Cryptocurrency takes time.
Trading takes time but there is so much more than that.
Trading is about making right decisions but to take any decision one has to think.
When we think we get all sorts of thoughts, of course, and this instead involves our emotions, experiences, memories, fustrations, habits and so on.
After we learn patience we need to control our emotions...
We need to be able to adapt and stick to our plan no matter what is going on outside.
But... There are always exception.
Not everybody is the same.
Not everybody trades the same.
Even though with experience, we can still make plenty of mistakes.
The next tip is to accept your loses, own them.
Do not be embarrased to lose or make mistakes.
Do not be embarrased to learn because that is the only place to get to where you want to be.
Through "mistakes", which we can simply call experience, you can get to genius level or PRO.
Think about it...
Or better yet, read about it.
All of the experts in all of the fields have gone through massive defeat, failure and challenges... It won't be different for me and for you, we also have to adapt when something goes wrong.
If you jump into a trade and you feel bad, don't like it, you can get out.
That's my next tip to you.
You can simply quit 5 minutes, 10 minutes, few hours after buying into a trade, you can...
You can always jump back in when you clear your head, if for whatever reason conditions change.
You can get out but stay out until the next day.
Once your mind is clear.
Comeback but this time, make sure to have a well developed plan before you trade.
Thanks a lot for reading.
Your support is truly appreciated.
Namaste.
START BUYING ALTS NOW OR MISS OUT COMPLETELYHello traders,
DODOUSDT 1D analysis
ALTS are super cheap now. Price has been trading within a falling channel for a year now.
Accumulation is crazy and the price is resisting further downside by trading within a very tight range.
Don't miss this incoming LAMBO for any reason. 🚀
SixtusGlobal
BTC Vs XVG Early FormationsBTCUSD formation while it being created in 2014 shares similarities with the current bull formation on Verge in 2022
Following this structure on BTC we all I think know what happened
Will it follow on to XVG? This structure I have also seen across a few other coins.
Promising
Bitcoin Exclusive Inverse H&S Pattern Technical Analysis#Bitcoin Technical Analysis:-
$BTC currently trading at $20300
$Bitcoin Forming Inverse Head & Shoulder Pattern in Lower Time Frame.
As Per Chart Inverse H&S Pattern Neck Line Resistance Is $21000
So If Any 4 Hours Candle close above $21400 then Target would be $25800-$27400
Chart Only Invalidate below $19000 support.
So If Break $19000 then We can see More Downside move and May Test New Low but Only if Break $19000 support.
Upper side Resistance which will be Targets:- $25800/$27400/$31500
Support:- $19900/$19000/$17600
If #Bitcoin Hold $19000 Level that’s mean Bottom We have Seen.