fineregex
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Ripple XRP Rising wedge ( Bear flag /Deadcat bounce / fake-out)

POLONIEX:XRPBTC   瑞波幣 / 比特幣
1931 32 14
Another Great rising wedge reversal / bear flag!
Set your TP and Stops. Highly manipulated marked, be aware!

(TP may be far down, so you may prefer "trailing stops" / editing you stops when market is calm and working
評論: *"market"! (i hurried to bring you this)

Notice the high volume crashing. Low volume rising. Confirms downtrend
評論: Notice the tiny second peak. Similar to the fake breakout on Mai 17.

snapshot
評論: mai 17:

snapshot
評論: if you are long, set your stopps. Cashout. Dont say you weren't warned.
If you desire to throw around money and play with it. There are way more ethical, profitable and or charitable ways. While this may be the opposite, if you lose, you maybe never know what will be done with your money.

consider contributing to the investigations:
https://cointelegraph.com/news/bitcoin-exchanges-kraken-poloniex-to-be-scrutinized-for-possible-insider-trading-manipulation
評論: manipulators may be with us now candles have weird wicks like here
snapshot
評論:
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ripple just grew 2% in usd and bitcoin fell alot
not impressed.
評論: rising wedge reversal
snapshot
評論: the latest wedge support may became resistant

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評論: you can call it rising wedge reveral or bear flag. anyway the lower trend is much steeper to make it more bearish
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評論:
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ripple just grew 2% in usd and bitcoin fell alot
回覆
fineregex fineregex
@fineregex, tradeview needs to come up with something being historically correct but also tidy/edit/delete comments
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cyberholz fineregex
@fineregex, So you seem to have adjusted your bearish outlook somewhat?
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fineregex cyberholz
@cyberholz, no, i just didnt mean to have this picture twice:D There should be a way to grey it out. Or vote for deletion of this comment or anything. have a good night or day
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cyberholz fineregex
@fineregex, No, was referring to your rising wedge reversal comment.
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fineregex cyberholz
@cyberholz, sorry. Yes, sure, new data enabled me to draw another wedge. Bearish rising wedge is typically assumed to have a steeper lower trendline than the upper one.
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cyberholz fineregex
@fineregex, If you'd have to hedge, where you see the bottom?
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fineregex cyberholz
@cyberholz, so maybe it will help someone zoomed in the 3m chart
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klens fineregex
@fineregex, nice analysis there man. If someone looking to go in long term, would this be a safe entry?
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@klens, no
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