So this is the one...
I looked at the chart first and immediately wanted to project my own thinking into it; like I couldn't read it but instead would start thinking what "ought to happen" based on pre-conceived ideas. I know you guys like these analyzes so I closed it and promised to revisit again.
I am back and we will focus on the daily timeframe. Later on we will look at the long-term timeframe.
➖ We will ignore all the trade-ideas of the past and develop a new market perspective.
➖ We will look at XRPUSD in isolation, what is the chart saying?
We have a clear bounce after a lower low. A natural market reaction.
This bounce leads to a lower high and now we have high bearish volume.
👉 Short-term it is looking bearish, it is that simple.
For this chart setup to become invalid a move and close daily above the 31-July high (0.658) would be necessary. Any trading below this level and the bearish bias is active.
This is only short-term. I don't think we have to worry much about the bears... It is all coming to an end.
We are in August now of the year 2024 and only a few months left for selling.
After the final selling frenzy we will have sustained, long-term growth; and this is what we've been waiting for... Thanks a lot for your support.
Namaste.
I looked at the chart first and immediately wanted to project my own thinking into it; like I couldn't read it but instead would start thinking what "ought to happen" based on pre-conceived ideas. I know you guys like these analyzes so I closed it and promised to revisit again.
I am back and we will focus on the daily timeframe. Later on we will look at the long-term timeframe.
➖ We will ignore all the trade-ideas of the past and develop a new market perspective.
➖ We will look at XRPUSD in isolation, what is the chart saying?
We have a clear bounce after a lower low. A natural market reaction.
This bounce leads to a lower high and now we have high bearish volume.
👉 Short-term it is looking bearish, it is that simple.
For this chart setup to become invalid a move and close daily above the 31-July high (0.658) would be necessary. Any trading below this level and the bearish bias is active.
This is only short-term. I don't think we have to worry much about the bears... It is all coming to an end.
We are in August now of the year 2024 and only a few months left for selling.
After the final selling frenzy we will have sustained, long-term growth; and this is what we've been waiting for... Thanks a lot for your support.
Namaste.
註釋
The first target has been hit. With so much bearish momentum, the next target can hit easily as well.🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd » Join us now! 👉 t.me/lamatrades/4
💥Top Results
t.me/anandatrades/1183
🏆New Results
t.me/masteranandatrades/6172
💥Top Results
t.me/anandatrades/1183
🏆New Results
t.me/masteranandatrades/6172
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd » Join us now! 👉 t.me/lamatrades/4
💥Top Results
t.me/anandatrades/1183
🏆New Results
t.me/masteranandatrades/6172
💥Top Results
t.me/anandatrades/1183
🏆New Results
t.me/masteranandatrades/6172
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。