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Fibchannels

Wakey Wakey . . XRP Gart & FakeyHey crew, gonna drop this on ya. I probably shouldn't because "they" watch my sh!t close and I've had to figure out how to post price levels without actually posting my personal entry / exit points. I've literally had orders miss filling ROUTINELY by as little as .001 to .0001 which as you can imagine is enough to drive a person to drink lighter fluid laced egg nog even if it's NOT Christmas. So here's the shakey shake . . 1. Remember, XRP always pumps before dumps. 2. Keep an eye on Bitty and especially the S&P 500, there's some pretty good parity there and insight into overall market directions. It's still pretty comical that crypto will trade in some degree of parity to broader markets BUT, that's "probably" intentional because if "regulators" can make the case that crypto trades to 70% or greater correlation to broader markets then they can further strengthen their claim that crypto should be classified and therefore REGULATED like securites. (FtheSECbtw, you guys are F%$@#rs) 3. Garts pretty much NEVER play nice with XRP so don't be alarmed if/when this one doesn't either. Maybe we'll get some 50/100 day ema fingerbang action in which case, I'd be TP scalping from those 0.37 buys if you got em. I personally like XRP at lower levels, who doesn't? Even if you're a salty bull from > 1$ levels then you know it's just more opportunity to lower the cost basis, amirite? ;) Hold the line and don't be afraid to hedge even at these levels. I still think we have a date with 10 cents. Stay frosty and remember, * * * Not investment advice * * * Box
by FudBox
BTCUSDT - Trading Range (Retest)2Hour Chart - UTC+1 My best effort attempting to draw a trading range that the price if currently retesting to enter back into the range. Will create a separate chart idea for a possible trading range should we continue to the upside. Trading range: Bottom 21,500 Top 24,300 and Middle 22,900. At the time of writing, possible retest of the top of the range. Not having yet hit the weekly at 24,295 could possibly be a signal for a front run however, levels between this weekly and daily levels above seem to be well respected. * The weekly was tapped. Nice reaction, lots a resistance above after recent daily action. Fibs: Fib Channel from low on Saturday 14 Jan at 11:00, to low Mon 13 Feb at 17:00, to higgh Thurs 2 Feb at 01:00. Fib Retracemet from low Mon 13 Feb 2022 at 17:00 to high Thurs 16 Feb at 17:00. Interesting level is 0.618 about mid of the channel including a daily an nPoc. Assumptions: All monthly, weekly, daily, and nPoc Horizontal rays act as support and resistance levels. Support when price is above and resistance on price action below. Fib channel also used for indication of past and present possible support/resistance levels. My bias: Bullish for a break to the upside. Plenty of price discovery above should the range be broken to the upside. Although bias I'm always trading the levels as they come.
by hmaroudas
XRP | The only thing worse than a Rat in the House is . . A DEAD CAT in the house. Comedy my friends . . bonus if you instantly got the Warren Buffet reference to Bitty. OK, getting down to the biz of our darling XRP, some points to indicate here : 1. With the exception of volume presence in the recent range, this bounce looks a LOT like a dead cat which could mean a continuation of the broader downtrend. Let me know if you disagree. 2. The Bear hasn't really lived up to it's name until it's endured 2x the bull cycle duration so stay frosty on that and never shoot your wad, DCA is the way. 3. We still have a longer lived and yet to be engulfed wick from old, look to the left John Wick 4. Some of our other XRP zealots have been indicating returns to lower levels at least into the 0.30's, some as low as 0.10. We haven't seen a major scam wick in a while but they're out there, waiting to liq the masses. 5. The Cat "could" theoretically take us to above 0.70 so again, a light - medium bag from this area wouldn't be terrible especiall if you get to TP at that level. I personally like the idea of a stop entry from 0.58 to 0.68 but that's me. I do have lower buy points(see my previous idea which I'm still maintaining for the daily action. Caveats : This isn't investment advice, DYOR and I'm a contrarian. I've made my profits as a bear / long scalper and tend to do better in down markets because retracements are easier to trade, although I'm still a big fan of the Cup & Handle which I've traded successfully many, many times. Hope this helps you in your decision making. Box
by FudBox
XRP Golden Crossing Inbound PotentialHey crew, sorry for not publishing in a long while, been busy coding trade interface stuff and getting Pythonic So here's a quick update on the crypto beauty XRPaaaay 1. This Fib channel sits nice on a longer term trend and the price action / conformity is pretty snug 2. The 200 EMA could hold but let's face it, XRP usually dumps deep after most pumps and I like the 50 EMA as another good DCA entry with the possibility of a full retrace to the bottom of the Fib channel 3. The 50 could possible cross the 200 and send a buy signal across the boards on a golden crossing. 4. XRP news is fire right now and the whole SEC regulatory thing is sparking things a bit, but keep in mind that price action usually precedes street level news (buy the rumor, sell the news) so be aware of what's really going on. 5. I still think the dark pool lords could wick us all into the abyss but it probably will happen quickly so I have buys all the way down to garage day levels. I personally do not use stops in crypto because of this reason but conventional wisdom says don't do this. Regulators are looking for more and more reasons to ruin the crypto party, squash your gains and invade your life so I would not put it past them to work behind the scenes to zero everyone out and then introduce 1000000 new rules all in the name of "consumer protection" lol. They really do think everyone is stupid. Been scalping over here and this latest pump added some decent quiche to the buffet. Stay frosty friends and catch you soon!
by FudBox
4
BTC/USD - FIBO Chart !Hello trader, Nice week and profitable deals 💲 BTC1D Chart 🗝 In this chart we can see 2 FIB channels and 1Channel in LTF ✔ 1 Fib Circle,Fib retracement and MA 200 1D 🔑 I would like to mention that all I post are just options and my own opinion! Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade. If you have any questions, let me know ➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️ Thanks for reading my ideas, Trade save !!
BITSTAMP:BTCUSD
by TR7z
12
XRP | A Tale of Two ForksThey say "hell hath no fury like a woman scorned", (a misquotation from English playwright William Congreve (1670-1729)). Had XRP been around during those times, Mr. Congreve would probably have used her as a focal point for unbridled and reactionary contempt instead. Long or short, the probability of getting rekt is quite high with XRP but if you understand what she is then you're much safer on the long side if you DCA and know that the likelihood of her coming back around is pretty high. Philosophy aside, we all like convergences and high probability so what I've found is that if you can find common areas of interest, she'll play nice with you. I see two plausible forks in conjunction with a Fib channel down and then lastly (least reliable of the the three) a Gartley as icing on the cake. Take into account OBV as an oscillator, then she looks like a fascinating bird indeed. If you take the overlapping and most common areas of interest then you can comfortably estimate a DCA long entry. I personally like XRP at the areas where we see the following: 1. midline of down fork 2. bottom channel of up fork 3. the 618 Fib level on the down channel 4. "C" on the Gartley 5. 50 EMA as resistance 6. VPFR mean as resistance 7. OBV as a measure of being oversold Again, a DCA long won't hurt too much if you end up crossing her since, like any decent hurricane season, she's likely to come back around at some point. Have fun with her but respect her or you'll get the wrath yo :) As always, * * * Not Investment Advice * * * Stay frosty my friends.
by FudBox
4