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- Cyclic repetition of last fractal
- Trend based fib target plot of 100
- Meanline holding trend, HH printed
- Buy zone in the current box
- Breakout price $2.80
- Bear trap before Mark-up phase
- Target as per fractal from previous price is 132,328.00% from current levels
- Fundamentals = Both snoop dogg and ashton kutcher endorse the xrp product
This is the bit they call leading bulls to the slaughterhouse
- Past performance does not indicate future gains
- Indicative of economic bubble
-Swarms of uneducated in financial markets, young investors acting irrationally with investments
Okay, So you may say but basil, you are drawing replicate boxes from the past, don't be so hypocritical!
I can explain...
Being a coin that has done rather well in quarter 1 + 2 rising up the market cap considerably is a move to put EOS in the spotlight of new retail investors looking for riches and retirement with the click of a button.
A move from $2 to $8 Wont scare these guys off, who cares if were are buying a big players 4X bag when the next trip is ATH? I hear them cry from...
All aboard the next Bitcoin
No time for pullbacks here we are heading straight to the moon and beyond, the bear market is clearly over looking at the charts and feeling bullish sentiment rippling through the space
buy zone / method = market order breakout and hodl till lambo candle, you wont see these prices again and it is best investment here
Clear move here?
Everyone thought bitcoin was great when it was going up Sharply; however if we focus on the economic turmoil currently radiating through turkey it is clear that parabolic price inclines in a currency do not necessarily mean positive things other than profit for traders on the correct side of the market.
Smaller time frames show bearish momentum...
Admittedly the pound hasn't the the strongest, albeit terrible of late since brexit scaremongering was initiated.
Looking at the .618 fib for support or resistance to be found before assuming trend direction however this setup is looking fairly solid. typical market cycle, overbought conditions stretched to inflection point before making a move...
A painful expedition down the yellow brick road is upon us yet again and the XRP fear is beginning to build as upward price action weakens and bearish divergences begin to show. following on from my recent short entry this is a longer term direction for the Trashcoin with mind of completing a full market cycle.
Where are we going? To the end of the rainbow. What...
Fomo is rife across comment boxes and the chatroom, Ripple has failed to break the .618 fib for 5 days running, and it went parabolic. Sounds like a great combination for a short entry back to the .88!
Yellow vertical line targeted on the tweet that PNC bank have joined cripplenet.
Trade null and void if .618 (.00009000) holds for a couple of days, but if this...
Interesting correlation between the cycles leading up to the 2008 financial crash and the cycle the DJI is currently in the process of completing. This time around the Parabolic curve and impulse angle appears higher, suggesting a possible top in the dow. This coincides with the RSI strength (set to a loose parameter for regular markers) being weaker on this...
Following a heavy move to the upside signaled by a RSI divergence in may time, ETP/BTC has failed to make higher highs for the last few days while the RSI strength is weakening. It could appear a change of trend is upon us.
I have cloned the previous downside and laid it over the proposed temporary top of market swing here and it looks relatively aesthetically...