based on XRP's current cycle looking striking similar to BTC's 2013 cycle + personal targets + average cycle lengths, my take-profit zone is within the shaded red box.
Not looking great for the market rn. My Manipulation indicators are going nuts. Judging from how these situations have played out in the past. I would expect a 15-20% flash crash. There is plenty of FUD at the moment to fuel this flash crash (if it happens), however, seems to me more of a coordinated liquidation event. I personally believe the markets are ready...
you can't make this sh*t up. XRP(2022) vs BTC(2015) Chart Comparison Notice the strikingly similar draw-down percentages between the local tops vs the proceeding local bottoms. *show me the charts, and I'll tell you the news*
Scale out range based on: time frame + fib levels + trendline + alert triggers anticipate 70-80% drop from ATH
notice the 3 indicators on the previous tops. bombs, red arrow, lightning bolt. Not really sure what the odds are of history repeating, but if i see a similar indicator sequence (bombs followed by red-arrow with lighting bolt above) i will be selling 75% of my XRP holdings and looking for 40-80% correction to start averaging back in *i'm new to creating my own...
interesting support line, wouldn't it be interesting if it actually ended up being the bottom
it will be interesting to see how the future plays out compared to the backtest.
Seemingly good opportunity to short if this curved trendline breaks
however, the fact that it seems so obvious makes me skeptical
striking similarities between this trend and the previous trend
Get Ready Folks. Things are about to pop. Up or Down. Matter of Time
Based on ichimoku, Fib, and trendlines, I believe this will be the general direction for bitcoin. Timelines for price movements may vary, but the 'buy points' (green) and 'sell points' (red) I suspect to be accurate within the range of 12%. G