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People

THE PEOPLE COIN SHOWS INTERESTING TRENDS AND DATAHello trading friends, The people coins show an interesting trend, but it's too short to say it's the next dogecoin. The price is in the area of 0,04 trend, and it has options to increase more with time. It's important to find good setups of coins like this, as the price can change between range and range into the short term. Depending on history trends we see a breakdown trend since the 0,18 top, and it seems we are about to confirm a new bottom on the high time frame. With time frame we will have more data about this coin which seems to be an interesting trend for the coming time and with a possible more % increase trend. Will follow the coin coming time for possible new setups, and it's always good to study the trend. Have a great day.
Long
by watchtrend
2
Where will we go, we always know - A XBT love storyBoxes, people, boxes! Look at my boxes and be embarrassed you did not realize to put horizontal rectangles in the same place that I did. It has become clear to me that my boxes are dictating price action. Feel afraid? Confused? Read on, you weary soul. I believe there's a chance that price will move down a bit into the developing VA (the blue lines you see on the main chart series). It'd be a good buy, even here under $10,600 is not bad. Target is upper box/weekly VWAP. Stop determined by risk. Risk more, put a stop on the top of the bottom box. Risk less, somewhere within the box. Even less risk, buy here + hedge, put bid orders all the way down to $10,400. It honestly looks like it's not going to dump at all...
BITMEX:BTCUSD.PLong
by NeoButane
1
Wyckoff's 'Composite Man' showing his handCrypto is still the wild west, even with the adoption that has happened so far; here we can see a huge wash trade unfolding in Ripple. To copy from stockcharts, here are Richard D. Wyckoff's remarks on market operators (the composite man) and wash trading: -The Composite Man carefully plans, executes, and concludes his campaigns. -The Composite Man attracts the public to buy a stock in which he has already accumulated a sizeable line of shares by making many transactions involving a large number of shares, in effect advertising his stock by creating the appearance of a “broad market.” -One must study individual stock charts with the purpose of judging the behavior of the stock and the motives of those large operators who dominate it. -With study and practice, one can acquire the ability to interpret the motives behind the action that a chart portrays. ----Wyckoff and his associates believed that if one could understand the market behavior of the Composite Man, one could identify many trading and investment opportunities early enough to profit from them. If you are looking to make large returns on the XRPUSD or XRPBTC pair right now, keep a tight stop-loss and consider the (lack of) forces behind this sudden momentum. It is interesting to see how the XRPUSD price has been kept in a very tight range for so many months and over the last few hours pushed to a breakout. With analysis of volume and price action I believe it may be possible to measure if something is being manipulated. Which could be valuable information if you would like to join such a force. If anyone is interested in working on a project regarding this please message me.
BITFINEX:XRPUSDEducation
by mcbw_
1