NastyBeer

XRP: Do yourself a favor

NastyBeer Cập nhật   
1) Zoom in to compare this incredible exact same pattern.

2) Then ask yourself, when will your euphoria about a change in trend be the greatest?

Thats where the #rekt will happen and most hodlers be badly exposed. Right there in the red box after breaking trendline.

Both patterns represent a valid h&s with the recent one hitting its target right on point AFTER breaking down the neckline which is the ultimate requirement.

So this gives a Damokles sword as long as $0.75 is not surpassed.

I'd even say the orange box would be a no trade area because thats where it can go both ways and any trade within that area would be worst R:R
Bình luận:
Close up for all the lazy viewers

Bình luận:
Fib-wise we got a perfect bearish pattern ending on 1.618 corrective fib locally and failing to suprass 0.886 major (for now)

and a harmonic pattern as well

Bình luận:
pump and dump just as per the fractal. yall know what to do on a retrace?!

Bình luận:
2016 fractal even too, insane

Bình luận:
Fibs are friends. But this is just a coincidence?

Bình luận:
a failure to trigger 1.272 here would be pretty bearish
Bình luận:
2 fib misses, 2 bear flags. Would have to blast through resistance with a strong impulse or get #rekt

Bình luận:
same old ish, just a different day, huh?

shared here:
Bình luận:
next dot in the fractal
Bình luận:
at least locally short?

Đóng lệnh: đạt mục tiêu:
WTF, target already hit on bittrex on 03/25/23

Wouldnt be suprised if other exchanges follow that wick at a later point

Bình luận:
Quote from above:

2) Then ask yourself, when will your euphoria about a change in trend be the greatest?
Bình luận:
Bình luận:
here we are in the max pain zone where confidence of bulls and comments seems to be maximizin and price per fractal should get stuck

Bình luận:
decision time

Bình luận:
better start deviating bro!

Bình luận:
deviation in wrong direction for bulls?
Bình luận:
and also 2014 fractal incredibly on point still
Bình luận:
2017 fractal too of course
Bình luận:
mirror mirror on the wall....


incredible !
Bình luận:
gotta love fractals huh? still following exactly -.-

remember, if it looks like a flag, it usually is one :P

Bình luận:
hey today lets take a look at the btc pair:

we can see on intermediate 0.886 has been triggered for continuation towards 1.272
on local 2.618 has been triggered for 4.236 which accidentially lines up with 1.272

up move since may has been 3 wave corrective (for now)

invalidation > 0.886 @ 2612sat

Bình luận:
and we got the breakdown from the flag. following the fractal, things should speed up now

Bình luận:
break down here and get #rekt hard

Bình luận:
already down 20% from the top, follwing the fractal(s) like a script. have you done yourself a favor?

Bình luận:
well, guess its still following the fractal. expecting it to kind of deviate and do an inverted leg soon tho

Bình luận:
inverted like this coz thats how fractals play out, deviate, trap people and in the end arrive just there where expected

Bình luận:
like here happens on LTF and HTF
Bình luận:
mimicking

fractal #1


and fractal #2

Bình luận:
well
Bình luận:
2nd break of the flag, aint looking good brav

Bình luận:
if this possible bull flag fails to break to the upside, expect PA to accelerate south

Bình luận:
seems like a inversed part is about to happen with a sharp decline next?

Also nice to monitor 8.236 fib level, just where it would be expected

Bình luận:
keep bringin em lower local lows in

Bình luận:
looking at BTC and altcoins: whole market is now at a decision point, bears or bulls, one of them will get totally rekt

for peepee it could mean one of these

Bình luận:
if it doesnt break the flag upwards with an impulse on the next leg, chance is very high, its gonna drop hard thereafter
Bình luận:
Bình luận:
still on track, next high or low may 20th?

Bình luận:
still following the playbook, local top for monday, huh?

Bình luận:
well that recent local high came 2 days close to the fractals local high, if it turns from here, its gonna be 2-3weeks steady decline until mid june

Bình luận:
when your favorite twitter lawyers tell you its so cheap here, what could go wrong?

just look where price is at, sigh

Bình luận:
aint no deviation yet!

in contrast, its still being followed badly excactly

Bình luận:
2016 fractal still being followed
Bình luận:
2019 at crucial turning point
Bình luận:
2021 fractal and current price action in crystal clear (bear) flag (for now)

Bình luận:
if this break out fails and especailly 0.886 gets violated, its gonna be 1.272 callin next before heading lower.

oh and of course hinman emails could not prevent fractal from being followed, but created so much euphoria in xrp army that they were blended by emotions once more lmao

Bình luận:
guess what, still on track! what a timely accuracy!

lets see if xrp can break free lolz

Bình luận:
cute break out and awesome euphoria in the xrp army. always remember whats a good time to rekt many? right when peak euphoria! how many bought the top huh?

for the fractal, could consider it still being followed? Almost a month of consolidation might be ahead as long as the breakout level $0.56 holds

Bình luận:
Here we are about to fully retrace the (fake?) rally, 2-3ct above previous GTFO area.

Come on, how many xrptards bought into that breakout and are under water now?

remember if it looks like a flag, it usually is one


As long as the top of the flag is not surpassed, consider much lower prices / fractal target
Bình luận:
when r/s flip?

Bình luận:
theres just one word describing price action so far: REJECTION

Bình luận:
2nd flag - now broken down - almost identical as the first one
expecting another leg down similar to 2nd impulse
Bình luận:
Bình luận:
maybe a bit quicker and deeper?

Bình luận:
F L A G

unless it breaks upwards you know the story

Bình luận:
hm?
Bình luận:
lets be fair and give em bulls a last chance
Bình luận:
Bình luận:
While some might be enjoying their own favors possibly buying here at 0.48$ vs 0.56$ lets take a look at this btc fractal. little hopium for dat xrp army lol

Bình luận:
As in previous comment, someone might be buying here at 0.48$ levels - voila someone realldy did! :D next impulse should r/s flip - another lower low however will be pretty baaaad


oh and be sure to check out the BTC fractal here

Bình luận:
if it looks like a flag...

Bình luận:
if one would have to give an example of what a rejection looks like itd be this
break back into the triangle = bullish, fail here longer = bearish
Bình luận:
itd make much sense to clear that green area of liquidity before going up, lets see

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.