First know that the STOCK MARKET (correlates) with BTC.
When the stock market goes down... so does BTC...
THE STOCK MARKET reached a full 4.236 (2) or (3) weeks ago...
THE FED SENIORS sold their stocks at the TOP...
and let everyone know it based on TRANSPARENCY... LoL
NOW, YOU HEAR about a bill being passed to prevent the government from trading in stocks...
CONVENIENT BECAUSE, THEY WILL TRADE IN CRYPTO (Like you and I do.)
IF THIS BREAKS DOWN ↓ below 0.6552
know that because it dropped below 0.70 support that the next one was at 0.60 support.
No one wants to lose money... timing the market can be difficult... many buy the tops and sell the bottoms
and 95% of the traders lose because they have no plan.
But, we have top follow a signal...
I was in the hospital for a month with COVID...
Every Signal I am looking at is BEARISH except for THE LOW THAT APPEARED ON THE 4 HOUR CHART...
We retested that and went slightly lower... and have managed to slowly come back up...
BUT WE ARE NOT OUT OF THE WOODS...
Because the DAILY, 3 DAY, WEEKLY, 2 WEEKS, 3 WEEKS, 13 DAY, 21 DAY, 1 MONTH, 2 MONTH ALL ARE NEGATIVE
and so I am just trying to find the right time/opportunity to sell and get out...
IF THE CURRENT LOW DOESN'T HOLD... then, you can expect 0.6372 GHOST PIVOT to possibly hold.
This is only roughly 0.03 cents from current position lower... THIS COULD TAKE 2 DAYS AND 3 HOURS TO COMPLETE so it requires patience...
REMEMBER... 0.70 didn't hold... this may go up in near future for a better escape IF THIS IS GOING UP FROM HERE...
0.60 was next support and 0.519 was prior support... WE SHOULD ANTICIPATE THE STOCKMARKET TO ULTIMATELY GO DOWN similar to 2008 but with maybe twice the cap... around 12,000 Points - BTC to around $13,800 This is the Governments buyback areas as they are the ones that propped us up to begin with... where does that leave us with XRP??? I have support dots at just above 0.18 cents!
Most people don't have money, COVID ISSUES, debt ridden countries... PRINTERS PRINTING MONEY... I am bearish until this market turns around!
I will hold till 0.63 and if it drops that low... I'd rather sell and make up some profit from the bottom than suffer twice the loss... Because, 0.50 cents is half of the $1.01 we had... We broke 0.70 and possibly falling toward 0.60 WAVEBASIS reports between 0.30 and 0.49 and I have a buy line at 0.30 cents on the 3 week chart... it sucks because, you watch you-tube videos of renowned traders never giving us a buy or sell signal... we don't know when to trade... and we hang on to those willing to show us a chart such as myself.
I am just now perfecting my calls... but, I do this for me... its' not financial advice... its' just what I'm doing... and I am human... I will make mistakes.
if you go to BINANCE and look at the 1 Month Chart... we are sitting on the center line... MACD IS ABOUT TO CROSS OVER...RSI points down...
THIS WOULD HAVE TO HAVE 1 HELLUVA BOUNCE BACK UP WITHIN 10 DAYS to start a new month... I would certainly reduce my CANDLE TIME to ONE DAY
When the stock market goes down... so does BTC...
THE STOCK MARKET reached a full 4.236 (2) or (3) weeks ago...
THE FED SENIORS sold their stocks at the TOP...
and let everyone know it based on TRANSPARENCY... LoL
NOW, YOU HEAR about a bill being passed to prevent the government from trading in stocks...
CONVENIENT BECAUSE, THEY WILL TRADE IN CRYPTO (Like you and I do.)
IF THIS BREAKS DOWN ↓ below 0.6552
know that because it dropped below 0.70 support that the next one was at 0.60 support.
No one wants to lose money... timing the market can be difficult... many buy the tops and sell the bottoms
and 95% of the traders lose because they have no plan.
But, we have top follow a signal...
I was in the hospital for a month with COVID...
Every Signal I am looking at is BEARISH except for THE LOW THAT APPEARED ON THE 4 HOUR CHART...
We retested that and went slightly lower... and have managed to slowly come back up...
BUT WE ARE NOT OUT OF THE WOODS...
Because the DAILY, 3 DAY, WEEKLY, 2 WEEKS, 3 WEEKS, 13 DAY, 21 DAY, 1 MONTH, 2 MONTH ALL ARE NEGATIVE
and so I am just trying to find the right time/opportunity to sell and get out...
IF THE CURRENT LOW DOESN'T HOLD... then, you can expect 0.6372 GHOST PIVOT to possibly hold.
This is only roughly 0.03 cents from current position lower... THIS COULD TAKE 2 DAYS AND 3 HOURS TO COMPLETE so it requires patience...
REMEMBER... 0.70 didn't hold... this may go up in near future for a better escape IF THIS IS GOING UP FROM HERE...
0.60 was next support and 0.519 was prior support... WE SHOULD ANTICIPATE THE STOCKMARKET TO ULTIMATELY GO DOWN similar to 2008 but with maybe twice the cap... around 12,000 Points - BTC to around $13,800 This is the Governments buyback areas as they are the ones that propped us up to begin with... where does that leave us with XRP??? I have support dots at just above 0.18 cents!
Most people don't have money, COVID ISSUES, debt ridden countries... PRINTERS PRINTING MONEY... I am bearish until this market turns around!
I will hold till 0.63 and if it drops that low... I'd rather sell and make up some profit from the bottom than suffer twice the loss... Because, 0.50 cents is half of the $1.01 we had... We broke 0.70 and possibly falling toward 0.60 WAVEBASIS reports between 0.30 and 0.49 and I have a buy line at 0.30 cents on the 3 week chart... it sucks because, you watch you-tube videos of renowned traders never giving us a buy or sell signal... we don't know when to trade... and we hang on to those willing to show us a chart such as myself.
I am just now perfecting my calls... but, I do this for me... its' not financial advice... its' just what I'm doing... and I am human... I will make mistakes.
if you go to BINANCE and look at the 1 Month Chart... we are sitting on the center line... MACD IS ABOUT TO CROSS OVER...RSI points down...
THIS WOULD HAVE TO HAVE 1 HELLUVA BOUNCE BACK UP WITHIN 10 DAYS to start a new month... I would certainly reduce my CANDLE TIME to ONE DAY
Comment:
THIS WAS THE DEEPEST DROP SINCE YESTERDAY WHEN IT STARTED AT 4 PM on the 3 Minute Chart... Watch for pullbacks and hope that the low is in.
Comment:
WE COULD ALSO GET A STRONG REVERSAL CANDLE ON NEW DAY AT 7PM EST.
Comment:
REMEMBER THE MOON CAME IN...