BTCUSDTSOLUSDTDOGEUSDTXRPUSDT Crypto psychology memo 2: Everyone knows that this is the time to buy or to DCA. Everyone now recommend to buy the dip. But where is the problem ? 🤔 The problem is : no one still have cash to buy ! 😂Majority of investors/traders went ALL IN during at november top (or december first corrections). The reason of this action is that everyone was jumping to catch the bull train. Market was saturated and the train was overfilled. The correction was very normal to get the train lighter and therefore to be able to go higher. “ Everyone is bullish , the altseason will come , the coins will do an easy 1x , but your wallet will only be at break even”😏 . Don’t worry guys , this is not a bad thing because the market will give you a chance to restructure your wallets. 💪😎😎
XRPUSDXRPUSDT - This pennant is getting extremely tight on 1H-2H-4H. It's squeezing. There is a big move coming soon, which way. I don't know. Bulls seem to be weakening. Not enough volume coming in for a break out. Let's see how this plays out.
XRPUSDXRPUSDT We’ve just broken out of a month-and-a-half-long symmetrical triangle, and now these fudsters suddenly appear. On top of that, we’ve also broken out of a 7-year symmetrical triangle while successfully holding the $2 support level from the previous cycle’s high. All signs point to XRP!
XRPUSDTXRPUSD - Formed a bullish pennant on 1H. 1D timeframe doesn't appear to have chance of forming doji now. If $2.6 is broken the target would be $2.8. We're currently on the pennants support. Breakdown would lead to continuation of downtrend.