XRP is the Mavericks of crypto and you don't just paddle out into the swell thinking you're gonna charge into glory. Going over the falls or getting the eternal hold-down is the fate of many who don't respect, or understand what it is. True DeFi is a noble vision but as some have said "they will roll out their tanks" before they let us have our own currency. It's just not gonna happen, so may as well dive in and swim with the sharks because big fish eat little fish, the end.
Own the thing that everyone hates.
Not Investment Advice, DYOR, etc. . .
Own the thing that everyone hates.
Not Investment Advice, DYOR, etc. . .
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Possible pipe bottom reversal. The FUD + other signals (Fidelity guy pumping Bitty), Fear & Greed + inverse H&S (short term) looks like interim pump. Back in with a small long, target 0.93 ish and re-eval after that.
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testing a theory here -->
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Closed a long flat at 0.77, don't like the way this looks and the OBV on both this and TOTAL3 aren't ideal. Dunno, just not liking this action.
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Confirmed my belief that it's all goin' down. May get a bounce at the Picthfork midline around $0.68+
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chuggin along and taking out all the stops . .
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Long wicks sink ships . .
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Took a small scalp on yesterday's long. Some target ideas here . .
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my gut says more down, especially where alts are sitting (see TOTAL3 idea) but I longed a small bag at the bottom of the channel ($0.725)
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Got 2 Forks, a strong resistance and a Fib channel. These are the targets I currently like.
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Just an idea since Gartleys tend to fail on XRP about 1/2 the time