As predicted, we reached the daily Trendline!
But first of all - If you like my idea, please leave a Thumbs-up! I appreciate your Support and it encourages me to keep going!
________________
Honestly, I don't understand why everyone thinks XRP goes to $0.15.
It's always like this and most never learn. They are just too emotional.
The price goes up - people panic and FOMO.
The price goes down - people hesitate, thinking the price will be on Super Sale (Even then, they would be scared to lose their money).
"Be greedy when there is blood in the Streets!"
Please, do yourself a favor and have an actual trading plan that you follow OR leave it. Simple as that.
And why do people change their opinion on a trade like twice a day?! If you would see most traders P&L on tradingview, I bet they wouldn't be green at the end of the month. Yet they sell courses and VIP Signals LOL (Sorry).
________________
ANYWAYS
________________
I said that we would reach the daily trendline (I predicted the downfall from 0.335 to 0.255)
I also expected a bounce off these levels. I don't change my trading plan now that we have reached our target. I stick to it! Confirmation builds up confidence!
(Obviously I use Stop-Losses to protect my profits and so should you!).
We have 5 good reasons why we should be comfortable in trading XRP (Going long)
1. Daily Trendline acting as Support
2. Cup and Handle Pattern (If we break to the Upside)
3. Falling Wedge (Same)
4. Long Term Support
5. Short term Support
Yes, I also see the Head and Shoulder Pattern but if you look at the history of XRP you will see that it usually only leads to a 6-10% correction (eg. 0.28 to 0.25).
I feel like we have already seen that.
As always - I'm not a financial Advisor. Please do your own research!
Thank you very much.
Good luck!
Quarto3001
But first of all - If you like my idea, please leave a Thumbs-up! I appreciate your Support and it encourages me to keep going!
________________
Honestly, I don't understand why everyone thinks XRP goes to $0.15.
It's always like this and most never learn. They are just too emotional.
The price goes up - people panic and FOMO.
The price goes down - people hesitate, thinking the price will be on Super Sale (Even then, they would be scared to lose their money).
"Be greedy when there is blood in the Streets!"
Please, do yourself a favor and have an actual trading plan that you follow OR leave it. Simple as that.
And why do people change their opinion on a trade like twice a day?! If you would see most traders P&L on tradingview, I bet they wouldn't be green at the end of the month. Yet they sell courses and VIP Signals LOL (Sorry).
________________
ANYWAYS
________________
I said that we would reach the daily trendline (I predicted the downfall from 0.335 to 0.255)
I also expected a bounce off these levels. I don't change my trading plan now that we have reached our target. I stick to it! Confirmation builds up confidence!
(Obviously I use Stop-Losses to protect my profits and so should you!).
We have 5 good reasons why we should be comfortable in trading XRP (Going long)
1. Daily Trendline acting as Support
2. Cup and Handle Pattern (If we break to the Upside)
3. Falling Wedge (Same)
4. Long Term Support
5. Short term Support
Yes, I also see the Head and Shoulder Pattern but if you look at the history of XRP you will see that it usually only leads to a 6-10% correction (eg. 0.28 to 0.25).
I feel like we have already seen that.
As always - I'm not a financial Advisor. Please do your own research!
Thank you very much.
Good luck!
Quarto3001