XRP UPDATE - ANOTHER BULLISH FALLING WEDGE CONTINATION?!SHORT TERM BEARISH BUT BULLISH IN A FEW WEEKS/MONTHS!! COINCIDENCE, THE CHART IS FOLLOWING THE SEC NEWS!
ELITES BEEN MOVING THEIR BITCOIN BACK AND FORTH INTO XRP MANIPULATING THE PRICE. THIS HAS BEEN GOING ON SINCE 2013. THEY KNOW WHEN TO BUY AND SELL, AND RIGHT NOW THEY ARE ABOUT TO BUY XRP WITH BITCOIN AGAIN. I DO NOT FOLLOW ITS FUNDAMENTALS OR NEWS. I'M NOT EVEN A FAN OF ANY OF THESE ALTCOINS.. I DONT CARE IF THEY ARE GETTING SUED. NEWS CREATES WICKS, BUT THE BODY OF THE CANDLES TELL THE FACTS!
SEC SUED AMAZON AND TESLA . ALL AVERAGE PEOPLE SOLD WHILE ELITES BOUGHT! THEY ARE NOW THE WORLDS RICHEST PEOPLE. THEY ARE DOING THE SAME EXACT THING WITH XRP!!!
Everything is on the chart! XRP is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
XRP/BTC IS CREATING A FALLING WEDGE CONTINATION??
FALLING WEDGE CONTINUTION - A BULLISH CONTINUATION PATTERN APPEARS IN AN UPTREND AND IS A REVERSAL PATTERN WHEN IT APPEARS IN A DOWNTREND.
FACTS:
1. CHART IS SHOWING XRP/BTC PAIRING. IN ORDER TO KNOW WHERE WHALES/ELITES MOVE THEIR BITCOIN, WE NEED TO KNOW BTC PAIRING COMPARED TO XRP.
2. AT THE MOMENT, WE ARE STILL IN A BEARISH MOMENTUM ON THE WEEKLY IN THE STOCHASTIC RSI
3. IN THE PAST, XRP/BTC HAS VERY SIMILAR STRUCTURE OF "FALLING WEDGES CONTINUATION".
BUY TARGET:
1. 0.0000172BTC (Corresponds to 0.618 Fib level!) THIS IS WHERE AVERAGE PEOPLE BUYS TO GET RICH!
SELL TARGET:
1. 0.00008582 (Corresponds to 3.618 Fib)
2. 0.00009970 (Corresponds to 4.236 Fib)
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch