XRP / USD triangle or super pumping?) Price is now 0.44
Güncellendi
After pumping about + 200%, the deepest retracement to the level of 0.44. Then the decline slowed down From the 0.3666 to 0.343 zone, the dump stopped (downtrend). If the price consolidates above this downtrend, a triangle may well form before the "online court hearing" 22 02 2021. I think everyone understands that the court is a fiction. Before the trial, there will be 15 02 2021 a joint letter from SEC and Ripple with each with their own arguments. Who is not aware of the "court" will be online "on Skype" or a similar service))).
It is also worth noting that the triangle and its range are conventions. It is like a possible logical variant of the formation. This figure is most suitable for instilling uncertainty for the event 22 02 2021
22222/1/11. Which translates as a grand conspiracy of people under an iron leadership. Nobody ever hides anything, everything is always openly and publicly. The rules of the game are not violated. The cat always warns the mouse that it will be raped and then eaten. The trick is that most people don't get it. This does not bother manipulators. Misunderstanding is the problem of "misunderstanding" people and their education, logical thinking, and so on ...
If, nevertheless, a triangle forms, then it will be quite large. Doubt of people and uncertainty about actions give rise to volatility and, as a result, potential for earnings. You can work inside the formation at the beginning. Closer to the event, the spring will be compressed and ready to fire.
You also need to understand that if the price breaks through the level of 0.666 and then 0.777, then it is quite possible that the SEC plot is canceled (decided in advance in full or partially / indefinitely). Satisfaction of the expected needs of very greedy people will begin, so that, thanks to the quality of such people, they completely empty "inside and outside". Now price is 0.44
It is also worth noting that the triangle and its range are conventions. It is like a possible logical variant of the formation. This figure is most suitable for instilling uncertainty for the event 22 02 2021
22222/1/11. Which translates as a grand conspiracy of people under an iron leadership. Nobody ever hides anything, everything is always openly and publicly. The rules of the game are not violated. The cat always warns the mouse that it will be raped and then eaten. The trick is that most people don't get it. This does not bother manipulators. Misunderstanding is the problem of "misunderstanding" people and their education, logical thinking, and so on ...
If, nevertheless, a triangle forms, then it will be quite large. Doubt of people and uncertainty about actions give rise to volatility and, as a result, potential for earnings. You can work inside the formation at the beginning. Closer to the event, the spring will be compressed and ready to fire.
You also need to understand that if the price breaks through the level of 0.666 and then 0.777, then it is quite possible that the SEC plot is canceled (decided in advance in full or partially / indefinitely). Satisfaction of the expected needs of very greedy people will begin, so that, thanks to the quality of such people, they completely empty "inside and outside". Now price is 0.44
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Pay attention to what an interesting local pattern has formed (I showed a lot with live examples and explained (mechanics) why it is formed, not in books). Today is the 9th. Btc - B2 showed an impulse of + 21%
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From the reversal zone after the "popular group" pump + 74.58% At the moment a rollback is taking place. The price is still in a local uptrend.
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