Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
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. RSI - level 53 on the monthly has been strong support and resistance the past 7 years. RSI is also highly oversold! Will we have another double top?
2. Dragonfly Doji/Hammer Candlestick - Both signals "capitulation" by sellers to form bottom and price reversal!! Last two times we had a dragonfly doji/Hammer, XRP 20x-1100x in price!!
3. Stochastic RSI - In 2017, we had a bullish cross and price 86x from there! In 2018, we had a cross again and we 17x in price. Will we cross this month??
BUY TARGETS:
Now for long term hodl. We could wick down to the red box but highly doubt it!
SELL TARGETS:
Target 1: 8.92 (Corresponds to the 2.618 Fib)
Target 2: 14.28 (Correspond to the 4.618 Fib)
Target 3: $50+ (can easily be over $50+ in the coming year! See if you can spot the fib target in diff timeframes?? ;)
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
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
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. RSI - level 53 on the monthly has been strong support and resistance the past 7 years. RSI is also highly oversold! Will we have another double top?
2. Dragonfly Doji/Hammer Candlestick - Both signals "capitulation" by sellers to form bottom and price reversal!! Last two times we had a dragonfly doji/Hammer, XRP 20x-1100x in price!!
3. Stochastic RSI - In 2017, we had a bullish cross and price 86x from there! In 2018, we had a cross again and we 17x in price. Will we cross this month??
BUY TARGETS:
Now for long term hodl. We could wick down to the red box but highly doubt it!
SELL TARGETS:
Target 1: 8.92 (Corresponds to the 2.618 Fib)
Target 2: 14.28 (Correspond to the 4.618 Fib)
Target 3: $50+ (can easily be over $50+ in the coming year! See if you can spot the fib target in diff timeframes?? ;)
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
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"