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#PUMPXRP Are you attending? As many of you interested in XRP may know that tomorrow there is an event, that is supposedly leading people to buy XRP at one moment , resulting a strong spike to the upside as all the sells walls will be bought at once. This event should supposedly happen at first of February ( tomorrow or 1.2.2020 ) at 1:30 PM UK time. It's unknown who is the former of this event, but it may seem a bit sketchy , as if someone bought XRP low, around $0.20 and want to sell tomorrow ( at the time of the event ) to yield from the price spike. It doesn't have to be a whale in particular, but it could be. As there is a lot of hype followed by GameStop buying and Doge buying. So is there really something sketchy going on? Well it may not actually be the case. As you may know Ripple company had a lot of problems with SEC, which decided to BAN XRP from American Exchanges. This ban resulted in a very strong drop and seen a very strong spike in short positions. What I think, this is a gang-up against SEC and XRP short contracts, to liquidate the biggest XRP manipulators, that may have to do something with the SEC ban. So whether you are attending or not, we are for sure a witnesses of a retail investors (us) against a intuitional investors that moves the market to their liking, leaving us mostly in a loss. Just imagine the world, where it would be impossible to short Bitcoin or any other cryptocurrency. Do you really think we would see such strong moves to the downside? For sure there would be profit taking, but not selling at one specific time for the good of short positions. That's my opinion, what's yours about this whole XRP situation? Let me know in the comments. Use the resistance levels as your take profit levels if you are looking to trade, same as I do. Thanks for your time and good luck trading! Tibor
by TiborVrbovsky
19
The Black Penguin Waddle of 2021 The chart is one possible visualization of the confluence of unpredictable high-impact events. For example: February 24th, 2020 World Health Organization declared the COVID-19 outbreak a pandemic and warned that "much of the global community is not yet ready, in mindset and materially,.." Over the following eleven months over 2 million lives were lost globally, more than 430,000 of the US. Wall Street hedge funds lost billions by betting against a group of amateur day traders who banded together on social media to execute a short squeeze. They sent shares of depressed companies like ( GME ) GameStop and AMC ( AMC ) up into the stratosphere, hurting the billionaire hedge funds that bet against those stocks. Called by some "The Grand Awakening" It was an unprecedented attempt to compete with the pros on Wall Street. The action raised questions of equity and policy reform to ensure a more level playing field. 1) The Black Penguin evokes the Black Swan* symbol from the 2007 book by author and former options trader Nassim Nicholas Taleb. The symbol of the Black Swan represents the extreme impact of rare and unpredictable outlier events.
FX:SPX500
by gb50k
4
Where Will r/WSB Send XRP?This Idea is Based On The XRP Pump Group, Which now has over 220k Members.. Not Financial Advise* Looking For Price To Hit 1.272 & 1.618 Fib Levels Based On Our Fib Channel! Will Take Profits @ price targets as we expect prices to correct* Want To Start Compounding Your Crypto? Start Replicating What Experienced Crypto Investors & Traders Do To Consistently Profit In This Volatile & Emotional Market! Receive Crypto Trading Signals & Copy Our Portfolio Learn Trading & Investing 'Best Practices' Consult With Like Minded Crypto Investors & Traders Join The Crypto Collective Link Below! Keep #ContemplatingCrypto
BITSTAMP:XRPUSDLong
by contemplatingcrypto
6
How to profit from the next WallstreetBets Gamma SqueezePraise Wallstreetbets How to profit from the next gamma squeeze? Diversify into Stocks with strong short interest (Short Ratio) and watch WSB Discord + Reddit. Why? Because GME had about 120% short interest and after further investigation from WSB they found out that one of the major market participants who was shorting was Melvin Capital. What helps is to just ask yourself which garbage company everybody knows but nobody understands how they stay afloat.
NYSE:GME
by UnknownUnicorn5507594
Quick thoughts on GameStopI am not in GameStop to make any money. I purchased some shares of GameStop to make a point. To be real, in the initial hype I did not think anything of it, but post the Lord of the Sith shutting off access to Retail from buying... I saw the rules of the game break. Totally unpresented. In all of these years trading I have never seen a company only enable selling of a company. In the markets long history, if a commenter is aware of this happening (I'm sure it has had to happen at least once?!) please inform the community along with what happened post that? This is really an amazing time in history and this position is monitored with upmost risk mgmt where it was burnt money in my mind before I longed it. I'm not selling, those shares are already burnt in my eyes. I'll hold them forever just to make a point. When there are documentaries of this, if this position burns up and gets nuked. That fire will do nothing but warm my heart. I'm not recommending longing GME for any gains. I am longing it because of just principal post the rules changing mid battle.
NYSE:GMELong
by ZenMode
5
WARNING! The biggest short seller of is “Goldman Sachs Hedge Industry VIP ETF” and I don’t know the other ones. But this one for example holds a lot of healthcare stocks (for example Change Healthcare Inc CHNG). So by buying GME some healthcare stocks, paypal, apple... etc. get at least under pressure. And a lot of stuff is invested in this etf. I couldn’t do the full research but higher prices in GME could destroy your saving on the bank or life insurances or… so nobody knows who really wins with higher prices. Maybe somebody can research that who really is losing here Please, before everything is to late. Maybe this was even on purpose to get rid of unpaid bill to the “regular” people. This ETF goes bankrupt and all the invested Money in this etf is gone! Can someone please make a full research! I wasn’t able to find it!
NYSE:GME
by spar_ma
7
Retail Investors HELD THE LINE 1/29/21 Gamma Squeeze GMEWe are making History here! Big Hedge Funds have shorted this company beyond the number of shares even available! When we called them on it they tried every trick in the book and when that failed they threw the book away and shut down the game! They tried to shut down our communications. They tried to discredit us. They tried to spread misinformation. They tried to cause panic selling. When that didnt work they even stopped us from buying publicly traded stock on retail platforms! But not only did we hold for every dip caused by more shady practices we bought the dip. Volume is critically low. They have nowhere to go and mountains of debt that is increasing exponentially! We have won the battle today and now the war has begun! Here is my analysis for GME for the coming week. We have a huge Short Squeeze we are about to enter. Not financial advice. I'm not a professional. Just a regular rocket scientist that likes this stock. I like it A LOT!!!
NYSE:GMELong
by carrering_official
4
BOOM! GME recovers to $320 KLI called this earlier, I believe that GME stock is very valuable because games are fun and I hear that hedge funds are desperate for this stock because they think it's going to rise. This is of course speculation but it just so happens that these trends aren't so hard to spot guys. Just buy GME and hold it for some time and the business will be able to start making acquisitions to cement its value. The sky's the limit; besides, you have an insurance policy! The hedge funds have committed to buying back your stock already :)
NYSE:GMELong
by a2d1
GME Looking Lunar?I couldn't help myself, so I did a little TA on GME. It looks like we could consolidate and attempt to breakout of some sort of structure soon. It looks to be forming a descending triangle, which is typically bearish, but my whiskers are telling me there are too many factors and forces involved here for any amount of certainty. The Fib levels give us an idea of a reversal zone on a pullback, and I generally consider the .5 to .618 area the reversal zone. I'll be hiding in the bushes and waiting to see if the top green support zone holds. Here is the 30min chart for a little more detail. This is an unprecedented situation, and I wanted to find as much objective reality as I could. It's what werewolves do. Owhooooo!
NYSE:GME
by Akamer-the-Werewolf
16