XRPUSDT Secondary trend (part) 01 07 2024🟡 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.
🟡 Line graph for visualization.
🟣 Local trend. Important breakout zone in scale.
🔵 Main trend
XRP/USD Main trend 2022
🔵 Main , part (this zone that has now been realized on the long-term consolidation chart).
XRP/USD Main trend (part) Triangle 2022
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.
🟠XRP to Bitcoin is the main trend.
XRP/BTC Main trend. Channel. Turning zones 03/15/2024
