PEOPLE ConstitutionDAO has been listed very recently both on Binance and Binance Futures.
It's a very new project and might have good upside potential.
From a TA perspective, we are mainly looking for a break out the ATH before considering a long position.
The pullback on the diagonal support could be another entry although we prefer the breakout entry.
People
PEOPLEUSDT Large BULLISH triangle! LONGLIKE and FOLLOW
Beautiful symmetrical triangle forming right in front of us
this is one of my favorite patterns to trade along with falling
wedges as i find them to have a statistically higher potential to
play out compared to other chart patterns.
Target - $0.134 expect retrace once target is reached.
Best of luck everyone.
Thanks, LiquidMEX
Where will we go, we always know - A XBT love storyBoxes, people, boxes!
Look at my boxes and be embarrassed you did not realize to put horizontal rectangles in the same place that I did. It has become clear to me that my boxes are dictating price action. Feel afraid? Confused? Read on, you weary soul.
I believe there's a chance that price will move down a bit into the developing VA (the blue lines you see on the main chart series). It'd be a good buy, even here under $10,600 is not bad. Target is upper box/weekly VWAP. Stop determined by risk. Risk more, put a stop on the top of the bottom box. Risk less, somewhere within the box. Even less risk, buy here + hedge, put bid orders all the way down to $10,400.
It honestly looks like it's not going to dump at all...
Climbing abilities of Bulls EUR/JPY We are expecting price to come back at one of the strong Supports (Daily Fibo Retr. 38,2 and 50) most likely to bounce back. I wouldn't bet on a bulls ability to climb, but I would like to see a bull climbing with its hooves on a ladder. Quite literally. Anyway, buyers have a good chance of winning after price reached the Fibo 38,2.
Wyckoff's 'Composite Man' showing his handCrypto is still the wild west, even with the adoption that has happened so far; here we can see a huge wash trade unfolding in Ripple. To copy from stockcharts, here are Richard D. Wyckoff's remarks on market operators (the composite man) and wash trading:
-The Composite Man carefully plans, executes, and concludes his campaigns.
-The Composite Man attracts the public to buy a stock in which he has already accumulated a sizeable line of shares by making many transactions involving a large number of shares, in effect advertising his stock by creating the appearance of a “broad market.”
-One must study individual stock charts with the purpose of judging the behavior of the stock and the motives of those large operators who dominate it.
-With study and practice, one can acquire the ability to interpret the motives behind the action that a chart portrays. ----Wyckoff and his associates believed that if one could understand the market behavior of the Composite Man, one could identify many trading and investment opportunities early enough to profit from them.
If you are looking to make large returns on the XRPUSD or XRPBTC pair right now, keep a tight stop-loss and consider the (lack of) forces behind this sudden momentum.
It is interesting to see how the XRPUSD price has been kept in a very tight range for so many months and over the last few hours pushed to a breakout. With analysis of volume and price action I believe it may be possible to measure if something is being manipulated. Which could be valuable information if you would like to join such a force. If anyone is interested in working on a project regarding this please message me.