XRP - Waiting For The Fast Train
#7
Very much starting to look like this is yet another chart instance of bullish Pattern Separation.
This is where we see a bearish ascending channel followed by a bullish descending channel.
This chart is very exotic and dynamic.
But its all the same and if you can pick this patterns out then you can have an idea of where momentum is shifting to.
In this situation it appears to be building up cause for an eventual bullish breakout.
The Demand Line did look like a danger area for price to cross; sometimes that can lead to a big dump... 😨
But since it has crossed over while printing a shallow descending channel, this is quite a bullish clue.
And as much as it continues to print in shallow descent, it is looking very nice.
It now appears to be a matter of waiting for the train to arrive.
Could be quite a fast train I think 😅🚝.
Not advice
Very much starting to look like this is yet another chart instance of bullish Pattern Separation.
This is where we see a bearish ascending channel followed by a bullish descending channel.
This chart is very exotic and dynamic.
But its all the same and if you can pick this patterns out then you can have an idea of where momentum is shifting to.
In this situation it appears to be building up cause for an eventual bullish breakout.
The Demand Line did look like a danger area for price to cross; sometimes that can lead to a big dump... 😨
But since it has crossed over while printing a shallow descending channel, this is quite a bullish clue.
And as much as it continues to print in shallow descent, it is looking very nice.
It now appears to be a matter of waiting for the train to arrive.
Could be quite a fast train I think 😅🚝.
Not advice
Transaction en cours
Here comes that fast train and XRP is already up more than x4 from this call.
Much more to come I think 😅🚝.
Note
Note
A lot of traders missed the train and after a x5 pump are hoping the market will donate them a tasty pull back.
But I dont think it will happen.
What you have to realise is that XRP was potentially 7 years of cause (pressure) building.
And if you didn't realise that then there's no getting on the train.
Up and up from here.
Note
Note
Next wave up ❕
I'm up x6 now 🥳.
The only question is where to sell....... 🤔
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.