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XRP - I CAN HAZ GARTLEY NOW?
XRP / Tether
XRP - I CAN HAZ GARTLEY NOW?
Di FudBox
Segui
Segui
9 feb 2023
5
3
3
9 feb 2023
Hey crew, forgive my radio silence here, coding up a storm and generally strapped for time but let's do a quick breakdown on this beauty eh?
As I've repeatedly stated, XRP ALWAYS pumps before a dump. Here are some key points :
XRP, similar to staked tokens has a massive escrow and when they release tokens, there's usually a distribution pattern shortly thereafter
All the market-wide carnage from bankruptcies, fraudsters, SEC and regulatory uncertainty has clearly NOT yet fully manifested
All "relief rallies" must come to an end and The Bear is NOT over (imho)
So we've def got a Gartley now, no question and there looks to be a Wyckoff distribution painted on the chart here.
I personally just stick to Fibs and Forks for my placements and use DCA always to hedge and minimize risks with the following portfolio objectives :
1. Take scalps
2. Increase holdings
3. keep portfolio "in profit" at all times using shorts to hedge against high probability down moves
So that's it folks, hope you stay in the green and as always, not investment advice here, we still have a date with the 0.10 cent range :)
~ Box
distribution
Fibonacci
fibonnacci
Gartley
Pitchforks
Schiff Pitchfork
wyckoff
XRPUSDT
FudBox
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