💥 Very important idea and question of the week here with our XRP should I buy or sell? Good question and let's see what we can figure, thanks for joining ladies and gentlemen. 💥 XRP's been trending between 0.77 and 0.80 roughly displaying this horizontal channel which has basically displayed this sideways trend with us getting one breakout above for a relatively...
Since it's summer and the BBQS are out, it got me reminiscing about old times. I used to tell people I was a trader, before I was even profitable. Do I recommend this? Nah not really no. (1) It puts tremendous pressure on yourself to do what you say. That pressure makes you rush, push and bully your risk into a brawl of epic proportions. (2) Most people...
The Howey Test The Howey Test is a legal test to assess whether certain transactions are investment contracts. If a transaction is an investment contract, it can be considered a security by the SEC. It is subject to specific disclosure and registration obligations under federal securities laws. The test got its name after the 1946 Supreme Court decision in SEC...
At the Jackson Hole conference, financial markets will keenly watch if US Fed chair Jerome Powell mentions the word taper in his speech and whether US Treasury Secretary Janet Yellen has anything to say on the interlinkages between fiscal and monetary policy The financial media and markets will be buzzing for the next few weeks over the Jackson Hole conference....
The ins and outs of trading psychology For something that I believe makes up the bulk of trading itself, I believe it is also the most overlooked. Trading psychology is what I am talking about, and it is definitely the most important aspect of trading that every trader needs to develop and master in order to become successful. In the most basic ways to put it,...
An article titled Bitcoin Stock-to-Flow Model was published in March 2019 by "PlanB" with mathematical model used to calculate Bitcoin model price during the time. We know that Ripple has a strong correlation with Bitcoin. But does this correlation have a definite rule? In this study, we examine the relationship between bitcoin's stock-to-flow ratio and the...
Quick glance: In this post, we attempt to decode the ongoing tussle between Ripple and the SEC. This episode was filed into a lawsuit on December 2020. But the events that led to this lawsuit date back 2 years. Case Summary: SEC filed a case against Ripple which is one of the largest crypto issuing companies. The SEC filed a lawsuit against Ripple over its XRP...
In this post, we are exploring the effect of "humorous tweets" by the Billionaire entrepreneur and CEO of Tesla, Elon Musk. In the recent past, his tweets had created quite a stir in the crypto universe. DOGEUSD had skyrocketed massively. Bitcoin tanked terribly after he tweeted that Tesla stopped accepting Bitcoin payments. Just a few hours back, he has taken...
My Friend. Here will be the best patterns that work on Crypto and XRP: 1. False break out of key level - U should wait for a pullback to a strong key level. - Better when a false breakout happens after 100% of ATR drop. example 2. Wage patten This BNB trade is the best example. We made 3% within 1 day)) 3. Squezeeng to a key level The best example will be...
Further to your comments, messages, questions: I have prepared this video to share some of my knowledge with you; especially the beginners. In this video you will be shown how/why we have had success with taking PROFITS at the best rate and how we use our SUPPORT / RESISTANCE levels on the charts we share with you here to make the best with our trading. We...
Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
It is still the early days for many coins! Over time we will see many coins die off as cryptocurrencies with stronger fundamentals and larger market caps live on. Comparable to the dotcom bubble in 2000. I acknowledge there will be a period of time between this where it will be 'stormy' where the overall cryptocurrency market cap will increase. This is the best...
this is my outlook for xrp. What are your thoughts?
Ripple used to get a lot of bad rep. from us cryptocurrency lovers... You know, the whole centralized stuff... Well, now the feeling is completely different, Ripple has become part of the market and we take it for what it is... Another altcoin that can be traded for profits for those who have the knowledge, patience, and experience to do so. I also believe that...
See chart for details, still bullish but will we have a pullback first? stay sharp stay focused on candlestick formations at key areas
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Bump and Run Trading Strategy – Sell Rules The Bump and Run trading strategy is one of the best reversal trading strategies that you’ll probably ever need to learn. The psychological reason why the Bump and Run reversal is such a powerful pattern is because it takes advantage of the result of excessive speculation. This propels the price too swiftly to the extreme...