Think
Update on XRPIve posted many charts with different insights on each but wanted to sum up why this will rocket hard just based on technical analysis. Everyone was scared when the SEC had the case against ripple, but based on the chart, the move was 100% accounted for and doesnt look like a selloff AT ALL. If youre like me, you know many things are planned, and the world is in many ways a stage, and I believe in this case its all a stage too. for my speakings on the narratives unfolding and the blackouts and cyber attacks, even the plan-demic you cam view my other ideas in which I speak about a lot. from agenda-21, to the 1988 world reserve currency magazine, to the Federal reserve banks aka the wealthiest families in the world creating crypto itself (XRP was made years before ripple network started) Many great things that most people should know is in my ideas and I encourage you to DYOR, as I was stating in this idea I tried to point out some obvious reasons xrp will see a big rise as I stated, disregarding the fact that it will be the heart of the new financial system. Anyways, best of luck to all traders, do research, and always, dont trust the government.
(Latin) Govern: control
(Latin) Ment: mind
Don't let them mind control you. Think beyond what they tell you. stay golden. stay fluoride free.
PS: Still expecting crash across all markets unless the DJI somehow continues higher. Check other ideas.
YEAR LONG ANALYSIS. DON'T BE FOOLED, THINK RATIONAL.I am not a fan of conspiracy theory so here is the logical deal. Most of you who had investments before the crash will benefit for this going to previous levels to recoup your losses. Traders also picked up on this idea and use it in their favour to make some money, helping the stock market to go up. It is logical to go with the trend, irrational is to stay on the sidelines. Again, please be careful here because markets reflect two things:
(1) - people's needs and desires
(2) - the economy
Now, everyone knows it is a time bomb, but it is reasonable to grow until it is not. That is when earnings and Q2 reports start coming in. The current financial indices are based on information from Jan, Feb, March, where March was slightly affected. Thus, I emphasise, WE HAVE YET TO SEE THE ECONOMIC IMPACT of April and May, where the majority of us were in lockdown. We should expect reports to be catastrophic in terms of numbers. This reports should come around late JULY.
A bit before this, the narrative in the media will be directed towards "doom and gloom" scenarios and I expect late June or early July people will start predicting that shit will hit the fan. Action markets are always proactive. So, we can expect a sell-off before the actual news come in. A third-grader can see it coming. IF you ask me why not earlier, it's because as I said, something is reasonable to go up UNTIL it is not. Thus, we can expect a sell-off mid-July and for a while, we will have a lot of bad news. (July- bad, August - bad, September- neutral?, November- DING!)
I think here is the time a new wave of bulls can set the scene. We got bored with the bad news and we know what is going on. Unemployment, not enough money, bla bla. But, here humans get optimistic because it "has been a while". Greatly timed with US elections, the re-election of Trump could be a great move to buy as I believe he will be able to push it further during his stay (we're talking 2024). It is logical to buy at that step since:
(1) He is pro-market
(2) Stocks were down for a while = a good price to go in
I hope you like this analysis. I am a rational trader and I do not believe in "dark forces" who move the markets. Markets are people.
(P.S. Psychology student here)
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DXY: A to B -> Bear Rally?Hi Guys,
X) is when Trump's presidency begins.
At the beginning of his mandate Trump wanted a weaker US dollar. In 2017 the greenback has fallen from 103.65 to 88.25 to form A).
So, if you think that Trump's presidency is genereting a bear market for the US dollar, than A) to B) may be a Bear Rally or period of distribution that topped at the end of 2018.
If you click on the following chart you will see that in 2018 DXY retraced 0,5/0,618 Fibinacci of the move down made in 2017.
And there are still 2 more years of Trump to go.
Here’s where things stand two years into Trump’s presidency according to CNBC: www.cnbc.com
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.