XRP Update - MACD and Stochastic RSI Momentum change to Bullish!
Before reading, get rid of your moonboy mentality and no emotions for dips/corrections!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
FACTS:
1. Stochastic RSI - crossed above the 20 level for Bullish confirmation on the 2 week chart!!!
2. MACD - When the MACD MOMENTUM crosses bullish, Prices go parabolic between 14x-76x!! Compare the MACD and price the last 4 years!!
3. RSI - Each time we bounce of this trendline, it indicates a trend reversal to bullish!!
4. Momentum QUICKLY switch from bearish to bullish in the longer timeframe!!
TIPS:
1. Buy the dips/correction! MACD and Stochastic RSI are both pointing momentum change to bullish on the longer timeframe!
2. Mathematically, the lower targets shown on this chart may not get hit (possible, but highly unlikely now!)
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
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
FACTS:
1. Stochastic RSI - crossed above the 20 level for Bullish confirmation on the 2 week chart!!!
2. MACD - When the MACD MOMENTUM crosses bullish, Prices go parabolic between 14x-76x!! Compare the MACD and price the last 4 years!!
3. RSI - Each time we bounce of this trendline, it indicates a trend reversal to bullish!!
4. Momentum QUICKLY switch from bearish to bullish in the longer timeframe!!
TIPS:
1. Buy the dips/correction! MACD and Stochastic RSI are both pointing momentum change to bullish on the longer timeframe!
2. Mathematically, the lower targets shown on this chart may not get hit (possible, but highly unlikely now!)
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