Everyone! I have found a secret that requires the full XRP history which almost every exchange is HIDING from you!
They will drop more loads of XRP into the market at the points on the top off the broadening wedge! (starting with point A!)
FINAL TARGET IS THE 618 FIBONACCI ENTRANCEMENT BELOW!
Based on the bitcoin chart i believe we will consolidate for a few...
For those using 1 indicator to make trading decisions... You need to step back, breathe, and look at the big picture. Start with basic price action, volume, EMA/SMAs, BASICS. Yes i may sometimes have 1000 useless indicators turned on but maybe combined they are worth more than any 1 alone.. I dont understand anyone going head first into crypto based on a signal...
For use to scalp, using 1min or 5min charts.. Please do not use this method on LONG time frames as correlation swithces between +/- all the time.
Some other points:
-Sometimes will weight one side heavier than other (Trying to go up or down but input signal DXY is going wrong way!)
-Sometimes will ignore 1 color candle for same reason above
This shouldnt need much explaing.. Two signals. Highly (If not 100% correlated) The Polarity as you can see on this chart changes from -1 to +1 and keeps doing this during days, during session breaks... ETC..
Really just wanna know why we are all obsessed on what looks like to be a VERY overpriced dollar (USD)?
Im not big into fans, but im sick of people getting taken advantage of on exchanges with fake whale news, trolls, etc. PLEASE LIKE AND SHARE. I WANT TO END THE STUPIDITY ONCE AND FOR ALL!! Copy and take credit if you want! IDC!
Please see chart.. Its based off many signals that i have been following, the main one is DXY. When DXY is offline the price is randomly...
Again guys.. Getting sick of getting ""killed!"
USD IS expected to get REKT - So IF and ONLY IF we stay positive correlation (Most of the time) then we are also going down... *WATCH AND CHECK 'DXY' YOURSELVES!*
I know this isnt the only reason :) (cough)
Here it is AGAIN. Note i notice "DXY mode always working 8am-10am EST.. Whether the polarity decides to be + or - that day i cant tell you, but primarily its been a positive correlation as when the dollar tanked (So did BTC) and i think they had to flip it (put us into ascending wedge).
Safe trading. LOOK AT THE...
Mess.. The lauch was a perfect tick for tick minute candle match to DXY this morning! dudnt check until after :(
This pattern plays all kinds of random games. There is no top and bottom (general terms). The only thing you do know is it cant move left! It could chop for an hour to the bottom.. or it could take 2 weeks. DO NOT BE FOOLED THIS IS VERY BEARISH. I do...
I think this will be broken.. Guys there is a chance we could fail and go down and retest (Who knows what level - all the way to 7500 if needed, but i doubt it.) Were holding the trendline so far and as long as that continues dont worry.
KEEP MOVING YOUR STOP LOSSES UP AND TAKE PROFITS ALWAYS!