Money Flow and Accum/Dist are Indicators that are imo best used on higher time frames (monthly, weekly, daily) to spot reversal signs of the price trend. Slow and lagging, but clear.
XRP provides some very interresting patterns on the weekly chart on both indicators for weeks now.
Money Flow had a clear bullish divergence that played out nicely.
Some of you may have seen XRP log charts with a straight diagonal long-term channel. I painted one in grey.
It is nonsense to draw long straight diagonal lines on a log chart. As we see the absolute price increases exponentially, so the "line" needs to be a log-function resulting in a flattening curve the higher the absolute price jumps become. Sadly,...
Some of Tsaklanos 1/99 Investing Principles (from investinghaven.com)
Only 1% of news is relevant to investors while 99% is noise.
Only 1% of price points on a chart are relevant while 99% is irrelevant.
Only 1% of the blockchain investment opportunities as well as crypto investment opportunities are really attractive.
Only 1% of the time should investors be...
Weekly Moving Average
We have a death-cross on the weekly 50-100 MA. That is bearish.
The 50 MA is flattening out slowly, that is a good sign for stabilization (sideways market), imo.
The 100-200 MA are still pointing upwards, so the overall long market trend of XRP is up, imo.
Price ranges below 50-100 MA, above 200 MA. It may test 200 if the bear market...
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as...