XRPUSDT Secondary trend (part) 01 07 2024

מעודכן
🟡 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.

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🟣 Local trend. Important breakout zone in scale.

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🔵 Main trend

XRP/USD Main trend 2022
XRP/USD Main trend



🔵 Main, part (this zone that has now been realized on the long-term consolidation chart).

XRP/USD Main trend (part) Triangle 2022
XRP/USD Main trend (part) Triangle


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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.

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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
XRP/BTC Main trend. Channel. Turning zones 03/15/2024

הערה
The tactics of your work are the basis, not guessing prices. Few people have tactics and understand what they are doing, but the majority try to guess the price. At the same time, thanks to the majority and its opinion, which is easy to manipulate and persuade to one or another outcome that will not happen, the minority makes money.
הערה
08 08 2024 תמונת-בזק Rumors have been launched - news, on the court (the same old story), supposedly that's it, the end of the trial #Ripple vs. #SEC (this was already 1 year ago, before the local reversal, then they "changed their minds"). Will it be different now?) Short Squeeze or ....?

Ripple will pay $125 million in civil penalties for selling #XRP tokens to institutional investors, officially ending the SEC lawsuit. The Internet court, pardon me, the most humane and honest court in the world, recognized the sales of XRP on exchanges as legal, so the XRP token is no longer a security (which could not have been the case initially).
הערה
19 09 2024 תמונת-בזק Local trading situation. Linear without “noise”. A triangle has been formed. In the near future, the decoupling. Long / short entry zones are clear and highlighted in yellow color reversal local levels. Do not forget that the triangle was formed in the local descending channel, which is part (lower part) of a large channel (press play in the idea to see the formation zone).
הערה
02 10 2024 תמונת-בזק
הערה
03 10 2024 תמונת-בזק The next local turnaround zone in the flow of “fairy tales”. Dates (time zones) where the flow of these event-news tales” will be increased. That can naturally reflect on the speculative market, including crypto.
הערה
05 11 2024 תמונת-בזק 🟣Local trend

XRP has not updated locally for a long time, as a triangle broke down and a local descending wedge was formed. It is formed. It is quite possible today - tomorrow (near future) there will be a breakthrough under understandable news - essays. If you work with stop Loss (for example, OCO orders), then the take is locally significant, the stop is very short.
הערה
6 11 2024 תמונת-בזק Forgot to show... you Ladies and Gentlemen (only these two categories are addressed), but not their parents and especially not their child. A slightly larger scale for work.

🕯🔼A wedge breakout could potentially occur soon, then a triangle, of which the local wedge is a part (this large zone of the downward channel cut, and an even larger scale of the already huge 7-year triangle, but that's not the point).

If this local wedge breaks through, and a local upward trend develops, then there is already the potential for a symmetrical triangle.

⚠️ Remember, #stopLoss are short, but they can be collected as in most cases on XRP, which is right (children should not play with fire).

🕯🔽If from the resistance of the triangle, or through a false breakout, there is an aggressive rollback on the volume (the general situation on the market and negativity under some story-justification) and the price falls below the specified support and is fixed, then the potential for realizing the bearish target of this symmetrical triangle is already opening up.
הערה
12 11 2024 תמונת-בזק +25% first target reached. Then there will be a "helicopter"-like takeout and further aggressive price growth with a huge degree of probability.
cryptocurrencysignalscryptocurrrencyPivot PointsrippleTrend AnalysisxrpxrpusdXRPUSDT

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