Ripple/Tether
Penjualan
Diupdate

XRP: The Trick Is In The Action

6523
Look at this, this is pretty interesting.
What do you see?

Yesterday's session is a mix but definitely gives out a bullish signal.
Very strong selling, high bearish pressure but the session ended green and at the top of the candle happened the close. Very tricky.

Seeing this candle, 27-Jan., immediately leads us to believe that today we are set to go up. I can see many people rushing and going LONG. Right?

It is normal, this is what the chart is saying and this is where the action is pointing towards, higher. But, look at the volume, trading volume is very low.

These drops, they tend to happen in pairs. Sometimes, these can come even in triplets; one, two, three.

So instead of the flush yesterday and today up. We get a flush yesterday, then another flush and when people are finally ready and convinced one final flush and then up; why? Because we are close to the bull-market bull-run. The market will try to remove all of the weak and doubtful hands before maximum growth; why? Because the growth period will be really, really strong. Once it starts going, there is no going back and that's why all the shaking happens before.

I think we need to wait just a little bit longer...
Things can change in a flash, that's true but, I don't know.
Something is off.

If you agree, let me know in the comments section below.
Patience is key.

I am truly grateful for your continued support... Why?

Namaste.
Trade aktif
We have two advances: The first starting in early November until early December 2024, 30 days. A very strong advance reaching new highs.

The second happened in the first half of this month.

After the flash crash 27-Jan. the action has been weak. Notice the volume... cuplikan

👉This is not a correction, this is part of a retrace within a wide consolidation range.

The market is weak right now on the short-term.

Here is what I foresee: A strong drop, one final leg down before the next price increase.

Consider very strongly the volume dynamics on this chart. That's the key.

If we can wait patiently, we might end up with one more, and the last, perfect entry for the next bullish wave.

For XRPUSDT, the next advance is likely to be the last one and ultra-strong. It is likely to last months, strong growth for several months straight. The longest and strongest bullish wave we've seen since 2017.

Namaste.
Trading ditutup: target tercapai
Here is the daily chart: cuplikan

We have two full bearish candles, yesterday and today.
We have confirmed a lower high 28-Jan.
This opens up a lower low next compared to 27-Jan.

Support levels are mapped on the chart based on Fib. retracement.

After the next low is in, we will see the next bullish wave develop.
Patience is key.

Wait for the Master to trade.

It always takes a long time to see growth after a strong bullish wave.
The consolidation phase is not over.

Thanks a lot for your continued support.
You are appreciated.

namaste.
Catatan
There you have a it. A new great entry opportunity is being created.

Patience pays.
Thanks for the trust.

We are not there yet.

Namaste.

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