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padraigcarroll
May 8, 2021 1:26 PM

$XRP Idea and price target - Bullish - Simple strategy Long

XRP / TetherUSBinance

Description

Xrp in clear uptrend (hurrah!)
Bullish pennant - very clear
Moving to make or break point of pennant
And looking to when it flips macd positive
Past resistance serving as a price target (range around $1.83 - $1.96

Strategy is to take profit and place into an Oracle and perhaps a DeFi
Comments
GoldenSack
Before publishing, say its your personal opinion. Your prediction is 👎🏼. Time to retrospect your study and examine higher timeframe chart. GL next time🥸
padraigcarroll
@GoldenSack The word idea is a noun that means "an opinion or belief". Perhaps you should put the charts down and pick up a dictionary?

On a serious note though, I haven't made a prediction, I have made observations across several timeframes to plan a potential exit strategy. My strategy still stands and thebplan is not yet invalidated. (a simple zoom out shows that).

On higher times XRP is still respecting the trend. Will it crash? Will it ascend?

I don't use crystal balls.
Wish I did though!
GoldenSack
Read your own description again before venturing out to Thesaurus. Confidence on charting is when higher timeframes are also honoured. All majors are saturated @ overbought and this is time for serious correction across the board. That’s why you see RED in cryptos today. Trading is with real money and prediction ’should’ come close to reality.
padraigcarroll
@GoldenSack Silly Sack!
Well, it might be an 'idea' for you to read the subject again, where it states 'idea', the noun meaning 'opinion'. No matter what way you attempt to spin it, you cannot frame your argument re: language in a winning way. But do, please, keep attempting to do so!

I do not disagree with you, in that there is potential for a btc correction. However, again, we are still in a clear uptrend. if btc hits 42-45, does that break the uptrend? No, not necessarily.
Beyond that... maybe. But that has not happened yet.

Stick to your crystal ball. A broken clock is always right twice a day.
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