🟡 Logarithm. Time frame 3 days. Everything is the same as before, nothing new. I’m making a fresh idea, for the convenience of monitoring, how this scale of work is about I did it years ago, and for this there were a lot of local updates.
Part of the main trend (huge triangle) and this channel in it before the outcome. The main long-term trend reversal zones and percentages from this zone (relatively where we are now) are shown on the chart. The takeaway percentage is not shown here (a probability that needs to be kept in mind.
Previously, at the beginning of 2017, on XRP before the pump, more than + 65,000% - 55,000% did this (low liquidity). Previously, I showed and told the potential logical probabilities of cheating with something similar near reversal zones and how not only to protect yourself, but also to make money if something similar happens at the moment. I am not scaring, but simply reminding sectarians of the future, which naturally may not exist, but the probability always remains, for certain previously stated reasons.
🟣For local and medium-term trading a good entry point for breaking the local trend (downward channel) can now be realized.
Control of risks, and understanding of potential work (variants of price movement, and what you will do in this or that outcome of probability) gives you an advantage over those who want to guess the price. Don't guess, but understand what you are doing and why. To make money systematically in (any) conditional markets, you don’t need to constantly guess the price. You may be wrong (your option is B), and that's okay.
The tactics of your work are the basis, not guessing prices. Few people have tactics and understand what they are doing, but the majority try to guess the price. At the same time, thanks to the majority and its opinion, which is easy to manipulate and persuade to one or another outcome that will not happen, the minority makes money.
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08 08 2024 Rumors have been launched - news, on the court (the same old story), supposedly that's it, the end of the trial #Ripple vs. #SEC (this was already 1 year ago, before the local reversal, then they "changed their minds"). Will it be different now?) Short Squeeze or ....?
Ripple will pay $125 million in civil penalties for selling #XRP tokens to institutional investors, officially ending the SEC lawsuit. The Internet court, pardon me, the most humane and honest court in the world, recognized the sales of XRP on exchanges as legal, so the XRP token is no longer a security (which could not have been the case initially).
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19 09 2024 Local trading situation. Linear without “noise”. A triangle has been formed. In the near future, the decoupling. Long / short entry zones are clear and highlighted in yellow color reversal local levels. Do not forget that the triangle was formed in the local descending channel, which is part (lower part) of a large channel (press play in the idea to see the formation zone).
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