Xrpusdlong
Friday: Ripple - Week 28Hello Traders! Check Related Idea for market context!! Looks like the structure will break the low, and then we can look for bullish clues to buy.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
The Only Technical Analysis You Need: Emergency Update!!!!Be fear not, if you've been following me on my TA then these dips are expected. But let me tell you the rational behind the market right now to give you some peace of mind and some idea of what might happen next.
Like I said before, Alt coins are correlated to Bitcoin, and Bitcoin is correlated to the Stocks market.
You cannot make TA about XRP while disregarding Bitcoin and the stocks market. If the stocks market go down, so will BTC, and so will XRP.
Now why are we dipping? To put it in simple terms. The stocks market is reaching its peak and is becoming more unstable as it gets higher therefore the expectation is that there will be huge incoming correction for Dow, S&P, and Nasdaq. Everyone is pulling out their money in different markets, including the crypto market, to protect their assets and investment from this anticipated correction.
The dip you're seeing now was partly the result of the CPI data (inflation report) that came out this morning, which reported a spike in inflation, therefore sending the stock market into panic. But the most important part was the Bond Auction data that came out later in the afternoon today, at 1pm exactly which is now sending the market even deeper.
Now here's the play, when inflation goes up the FED usually raises the interest rate, and when the rates are high, the bond goes down. The bond market is going down, taking all of the market with it, in anticipation for the FED's chairmans testimony tomorrow at 12pm. IF the chairman says anything about inflation and the rates, perhaps that will be the catalyst for the stock market correction and the crypto dip we've been anticipating since last month.
If that happens, then according the indicators we'll be expecting a 5-15% correction of the stocks market, and I'm expecting it will be even worse in the crypto market, perhaps the biggest dip this market will ever see so far during a bull run. If not then there's a possibility that we will have a major fake out all the way to 40-50k BTC before going down to the target I've indicated. This dip will not happen in a day but perhaps gradually. Now I'm not here to spread FUD or anything, just relaying these information like I've been doing since the beginning. It's completely up to you what you want to do and this is not a financial advice.
stay safe trading everyone
xo
XRP Ready to Launch!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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XRP/BTC loves to make triangles/ falling wedge. If we look back in history you can see the pattern are very similar and now its just a waiting game. Eventually we can see it back to all time high in the next year or two. Be patient and stay safe everyone.
Tuesday: Ripple - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Monday: Ripple - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Friday: Ripple - Week 27Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
XRP preparing for new ATHOne of my set ups for $XRP that I'm currently more then happy how it plays. I'm following a fractal combined with Elliott Waves for this one. For more then a month the price is copying everything exactly as it should be percentage wise.
1) Drop to 0.6-0.55$ /or 0.4/ most likely 0.55$ EW 0.57
Completed on 22.06- 0.509$
1) Up to 1.05$-1.18$ most likely 1.10$ EW1 1.05-1.10 (+-100%)
2) Drop to 0.8$-0.75$ most likely 0.80$ EW2 0.78 (-62%)
3) Up to 2.4/2.7/ most likely 2.75$ EW3 1.43 (EW1_162%)
4) Drop to 1.1/1.05/ most likely 1.20$ EW4 1.18 (38%FfromEW3)
5) Up to 2/2.4/ most likely 2.40$ EW5 1.67 (=EW1)(1.80+wick)
6) Drop to 1.1/1.05/ most likely 1.20$ Cor=62-78%=0.9$(0.83/0.99)
7) Going slowly to 1.5/1.6/ most likely 1.50$
8) Break above and going to 6.75/7.5/ most likely 6.50$
BITFINEX:XRPUSD
Monday: Ripple - Week 27Hello Traders! Ripple is in a bigger correction and it keeps getting more complex, it looks like it will be a long time before the bigger uptrend/impulse will happen.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.