Rule72

Rule72 Updated 

Money Man has seen how ETH has reacted to his decision levels and felt compelled to make some logical adjustments. ETH has not been keen on BTC’s latest making of a new high around 42 000. It seems unconvinced that BTC means what it says. Waiting for BTC to lock it in with a pattern or negate it with a correction. There will be much talk and it is getting clear...

Rule72 Updated 

Money Man has been watching ETH closely and was waiting for an opportunity like this. A call of “El Toro” so clear that no bull could withstand it. The speed and parameters of movements have fundamentally changed, and this is clear by simply looking at the size of the boxes, the size of bounces needed to negate momentum and the notable opportunities to the...

Rule72 Updated 

Not much to say as you would not want me to now. Question is: is this a reversal or a shakeout? Money Man is watching these levels. Very Important to me: Please like if you appreciate the effort, Please comment to develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.

Rule72 Updated 

Money Man is keen on this ascending triangle, simply because of what happened at BTC’s previous ATH around 20 000. ETH still did a runner after BTC started failing. So his reckoning is that ETH would follow BTC if it had to go up further, or ETH would go up if BTC started correcting now. Of course, ETH could go down. Money Man’s bias is only that: a bias. The...

Rule72 Updated 

Money Man has been proven too conservative again, but he is happy with his glass half-full. What can you do? It is difficult for a leopard to change his spots that he got over years of growing. Be careful as to the reading of the numbers of targets on the chart as it is squashed – count them rather than looking at the closest text. On the analysis the Green...

Rule72 Updated 

Money Man is having some fun with these trendlines. No, they are not broken, yet. Trendlines are most of the time the trajectory parameters the price takes. Unintentionally sounding so educated, but he sees it like roads to destinations or plots in a story to a climax. Then obviously the boxes or levels are the spots where it is, by his approximation, heading. ...

Rule72 Updated 

What more to say than FUD? Money Man sees Green Target 1 as the last stop before things will get so out of hand that he will be forced to pick up more ammunition and shoot it as it goes up the hill. But if we break down, he will be more than happy to drop his extra ammunition and run for cover. He has got plenty of ammunition now so ready to drop some, but he has...

Rule72 Updated 

Nothing much to say except FOMO and Please like if you appreciate the effort, Please comment to add to this and Please follow if you see this analysis thread going somewhere you would like to know about.

Rule72 Updated 

Money Man has been regretting only putting in 3 Red Targets for XRP, but that is what the chart told him then (not knowing something like a legal threat would come at this crucial time). Now volatility is such that his blocks are big, and he never likes that, but again only has what the chart gives him – no glass ball here. There is meaningful support below us...

Rule72 Updated 

Money Man is still pulling on these lines, even thought they were violated. Price needs some guidance, or it would get chaotic and buck the whole lot of us. The violation indicates some interesting times ahead, but as always nobody knows. Sticking your head out could pay off or cause you to pay it off, so as always as well; keep your risks in check. On the short...

Rule72 Updated 

Money Man has had his hands full playing Santa. So here is a quick update as to the state of affairs. This whole pattern, if you can call it that, has been looking more and more like a complicated top where there has been distribution. It kept setting levels and violating them just as quick. Only thing to go by for him is his boxes. Keep safe and have a great...

Rule72 Updated 

Money Man is getting very excited to see what will be in the box. XRP has broken out of the downtrend, but a retest would be very normal. Then there is also the issue with the Head-and-Shoulders pattern. He figured that in but does not value the pattern too much. If you are going to go a but more conservatively (that depends on how your position is doing), you...

Rule72 Updated 

Money Man has been advocating scaling in and it is so nice to sit at the fire. Make no mistake, he is also advocating the taking of some profits. We all know how ETH can stall and stutter when big things are happening in BTC (chart linked below) and then go and reach targets while BTC is consolidating. Conclusion: Keep that beady eye on BTC and beware of...

Rule72 Updated 

Money Man is patiently waiting for price to come in close. The whole setup is reminding him of 10 November and $450. Open question if we are going to see the same again. If so, we could see an uneventful break but start of an uptrend. He is conservative with the decision boxes as BTC is so volatile and this spills into ETH. Green boxes look tantalizing, more so...

Rule72 Updated 

Money Man has never been this uncomfortable analysing a chart. The potential here is a bit looney. He is still holding out for a pattern (this triangle) morphing into another (like an ascending triangle). Time is of the essence here and this is a squeeze but of what – surely there cannot be much in the line of shorts. Lets hope for sanity. Conclusion: This might...

Rule72 Updated 

Money Man has been looking at XRP with its recent history and see it as putting high stakes on high stakes. This retest is to make many a trader scratch their heads. At least XRP is still allowing traders to have the price come to them. High risks equate to high possible rewards and you will have to decide what you will put up for possibly gaining or...

Rule72 Updated 

Money Man has been revelling in all the excitement but know that after a party like this, a hangover is a sure thing if you do not think about tomorrow morning. There is not much to say, but that the best thing that can happen for sense and sensibility in this space is a pattern forming and even some retracement soon. If not, we are bound to see some sore...

Rule72 Updated 

Money Man has been it bit unruly and skipped levels on his chart. There is a clear resistance at 55 cents ish, but with an energy build-up like this, and stating it, he thinks it is okay to omit it and risk it for the biscuit. So be ready for a fake out, but he sees probabilities pointing to great sparks if XRP moves out of the Decision Box. Note that there is...