Hey crew, gonna drop this on ya. I probably shouldn't because "they" watch my sh!t close and I've had to figure out how to post price levels without actually posting my personal entry / exit points. I've literally had orders miss filling ROUTINELY by as little as .001 to .0001 which as you can imagine is enough to drive a person to drink lighter fluid laced egg nog even if it's NOT Christmas.
So here's the shakey shake . .
1. Remember, XRP always pumps before dumps.
2. Keep an eye on Bitty and especially the S&P 500, there's some pretty good parity there and insight into overall market directions. It's still pretty comical that crypto will trade in some degree of parity to broader markets BUT, that's "probably" intentional because if "regulators" can make the case that crypto trades to 70% or greater correlation to broader markets then they can further strengthen their claim that crypto should be classified and therefore REGULATED like securites. (FtheSECbtw, you guys are F%$@#rs)
3. Garts pretty much NEVER play nice with XRP so don't be alarmed if/when this one doesn't either. Maybe we'll get some 50/100 day ema fingerbang action in which case, I'd be TP scalping from those 0.37 buys if you got em.
I personally like XRP at lower levels, who doesn't? Even if you're a salty bull from > 1$ levels then you know it's just more opportunity to lower the cost basis, amirite? ;)
Hold the line and don't be afraid to hedge even at these levels. I still think we have a date with 10 cents.
Stay frosty and remember, * * * Not investment advice * * *
Box
So here's the shakey shake . .
1. Remember, XRP always pumps before dumps.
2. Keep an eye on Bitty and especially the S&P 500, there's some pretty good parity there and insight into overall market directions. It's still pretty comical that crypto will trade in some degree of parity to broader markets BUT, that's "probably" intentional because if "regulators" can make the case that crypto trades to 70% or greater correlation to broader markets then they can further strengthen their claim that crypto should be classified and therefore REGULATED like securites. (FtheSECbtw, you guys are F%$@#rs)
3. Garts pretty much NEVER play nice with XRP so don't be alarmed if/when this one doesn't either. Maybe we'll get some 50/100 day ema fingerbang action in which case, I'd be TP scalping from those 0.37 buys if you got em.
I personally like XRP at lower levels, who doesn't? Even if you're a salty bull from > 1$ levels then you know it's just more opportunity to lower the cost basis, amirite? ;)
Hold the line and don't be afraid to hedge even at these levels. I still think we have a date with 10 cents.
Stay frosty and remember, * * * Not investment advice * * *
Box
Comment:
ALERT : Cathie Wood Activated - Reverse Indicator Green . . Heads up . . www.tradingview.com/...recovery-here-s-why/
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Sweet red douche eh? Hope you're DCA'ing my frenz ;) I like it cheaper too.
Comment:
Caution : the longer the wick, the greater the engulfment potential. Stay frosty on that.
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Totally sick bounce and we TP'd a healthy trade stash just under the re-entry of that up-fork. Kind of surprised we made back into the uptrend but not convinced by it. Still like lower buy levels here despite SPX getting the pop we expected. Could trend lower of the weekend to engulf that long bottom wick but idk, it'll engulf at some point. If it does so here then we could get a run up next week with SPX leading the herd on Monday. Use those grids people :)
Comment:
Buy the rumor, sell the news . . remember that. Whatever happens, the action is already priced in ahead of the moves. Also, consider dark pool liquidity and regulatory forces that can liq you to zero so be really careful with margin. Cheers!
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Shooting star at the key ema's, dunno. TP'd here, albeit a scalp and early in the sesh but SPX down, Fed fears and also Bitty hangin' on to a key level (barely). GL all . .
Comment:
Short squeeze . . probably no summary judgement (IMO), going to trial? . . probably. BE CAREFULLLL . .
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Like I said, easy breezy, short n squeezy. So now they're talkin' pre-trial settlement scenario possible? Welcome to market theater. I still like it lower folks ;)
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Of course it'll drop like a stone as soon as I publish this lol (the majority is always wrong) but we "could" get a bounce here so there's no shame in the small long I nabbed here at the top of the bottom channel. See how we do eh? Still like those lower levels tho and have a small hedge to stabilize the port overall. Scalpy scalp scalp . .
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So who could've foreseen the USDC calamity coming? We've all got our concerns over stable coins and the issues of transparency and attestation. This industry overall is very much like the wild west and the scams, ripoffs and opportunities for theft are very real. Still, we DO have legit players that want clear rules and protections but even the overlords are staffed by greedy double dipping insider peckerwoods that don't care about ruining it for the rest of us. I have my theories and generally just stick to the technicals while letting the market theater play out to force price action into the most plausible technical ranges. Anyway, we did take a 10% hit here while swapping out into Tether and can only hope USDT doesn't get wrecked too. In the meantime, I still like lower prices on XRP and wouldn't be disappointed by a move into the "Fud Box" to complete a wick engulfment from early 2023. GL everyone and remember to hedge your longs while clamming up those low buys on a DCA basis. * * * not investment advice * * *
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bottom of the LT Fib channel uptrend . . scarrrryyyyy . . might add some and hope for a pipe reversal . . stay FROSTY!
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that bottom wick sux . . TP'd a small scalp here just under the red hammer. Still like it lower and assume Ripple is balls deep in SVB because they would have said something by now. Maybe we get scam pump and then head to the cliffs, dunno.
Comment:
Juuuusssst gonna drop this here . . While the Bitclowns start to pile into whales selling, let's just remember our old pal "The CME" which features a gap to rival the vacuous space between Creepy Joe's ears . . What goes up, must come down in Bitty's case. Enjoy the show frenz :)
Comment:
Shill Alert! - Novograpes permabull reverse indicator activated!!
www.tradingview.com/...-to-buy-bitcoin-btc/
For those who don't know, this guy is consistently wrong. Also, CryptoPotato is bullish so protect your nuts!
www.tradingview.com/...-to-buy-bitcoin-btc/
For those who don't know, this guy is consistently wrong. Also, CryptoPotato is bullish so protect your nuts!
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He crew, looks like the pump may follow through. As mentioned in previous posts, I never give exact entry / exits but I'm dropping some here on ya. Let's see if XRP does it's ritual pump & dump. Stay frosty.
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HOLEEEEE SHEEEEEETBALLLLZZZ!!!!! TP was met and then some. The long bags are happy but dayyyummm, our short hedge stash was rekt lol. Here's a few hints though :
1. There's a 1.618 Fib ring as resistance on the top of this sick wick ;)
2. In order for the ring to do it's thing, "what goes up, MUST come down"
3. I remember watching Kevin Cage one time and he'd suggested that MOST XRP holders would be shaken out before real moon. High volatility can be a real psyop.
Imagine if XRP went on to engulf some older legacy wicks down to 0.10? Think about it :)
1. There's a 1.618 Fib ring as resistance on the top of this sick wick ;)
2. In order for the ring to do it's thing, "what goes up, MUST come down"
3. I remember watching Kevin Cage one time and he'd suggested that MOST XRP holders would be shaken out before real moon. High volatility can be a real psyop.
Imagine if XRP went on to engulf some older legacy wicks down to 0.10? Think about it :)
Trade closed: target reached:
If that wasn't a short squeeze then idk what is but the TP was met by a long shot (actually got rekt on a shot hedge here but that's trading).