XRP 2week Chart Update – Pay attention to the MACD in the past!! for BITSTAMP:XRPUSD by jaydee_757

Before reading, get rid of your moonboy mentality and no emotions for dips/corrections!

People are so focused on the hourly/ daily timeframe that they get emotional on every dip! Take a step back to the weekly/ monthly timeframe and see why I’m so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!

You can’t be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don’t follow the majority, because the majority will lose in the end! Also, don’t buy the hype when everyone is buying.. instead buy the fear when everyone else is selling

Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!

FACTS (2-Week Chart):

1. Stochastic RSI – crossed above the 20 level for Bullish confirmation on the 2 week chart!!!

2. MACD – When the MACD MOMENTUM crosses bullish , Prices go parabolic between 14x-76x!! Compare the MACD and price the last 4 years!!

3. RSIRSI – Been bouncing off this trendline for 1.5 years! Still highly oversold!!

4. Momentum QUICKLY switch from bearish to bullish in the longer timeframe!!


1. Buy the dips/correction! MACD and Stochastic RSI are both pointing momentum change to bullish on the longer timeframe!

2. Mathematically, the lower targets shown on this chart may not get hit (possible, but highly unlikely now!)

3. The 0.618 Fibonacci is the golden pocket which could wick down to 0.55. HIGHLY UNLIKELY!!!

Good Luck!

“If you can’t beat the fear, do it scared!”

“Be fearful when others are greedy, and greedy when others are fearful!” – Warren Buffet.

“Markets are a device for transferring money from the impatient to the patient. – Warren Buffet

“Show me the charts, and I’ll tell you the news.” – Bernard Baruch

“The secret to investing/trading is figuring out how rich you want to be and how poor you’re willing to become.”

Most Related Links :
todayuknews Governmental News Finance News

Source link

Back to top button