Here is Ripples chart. I am on the one day. Notice the as soon as Ripple broke that 60rsi mark we had a break out? Other indicators are in play also, good volume, ascending channel, ext ext. This will most likely consolidate now, or dip a bit before take off again. However the volume might just keep up, and prices may continue to go up in the short term. Long term, we going up.
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Bitcoin Talk
- Thread starter englishrick
- Start date
Now here is TRX. Notice TRX has bounced off the 60rsi, and is about to test it again. If we shoot past that 60rsi, I expect a break out just like Ripple. Most of my money is in Ripple right now, but will transfer over the second TRX breaks 60 rsi.
Remember folks, break outs don't last long, and are usually followed by a dip or correction. Don't be afraid to take profits.
Remember folks, break outs don't last long, and are usually followed by a dip or correction. Don't be afraid to take profits.
Now that I take a closer look at ripple. The past shows that we have met resistance on the RSI at 78 or so. In the past we bounced down twice off the 78 RSI mode. Once we stayed down before testing agian, the second time was the charm. I don't expect us to pass the 78 RSI level here, but if we do, Ripple has more upside in the short term.
R
Rubber Chicken
Idk if anyone has seen this altcoin yet but it's worth having a look,
https://www.youtube.com/watch?v=vhyAREaWfyU
https://www.youtube.com/watch?v=vhyAREaWfyU
You have absolutely no idea what any cryptocurrency is going to do, and neither does anyone else.
Wait for it.......
I have said it many times. It's common to predict the movement of a market, but not the magnitude of those movements.
I have been doing a good enough job that I continue gain in my positions, and those positions continue to gain value.
As for predicting......... Seems like I was on point. Both BTC and TRX has done great the past 13 days. (since below post was made)
Careful though, can only predict direction, not magnitude remember? Crypto, things change at least three times faster than the stock market during volatile times.
April 7th when above post was made prices were:
btc was 7k, currently $8,500
TRX was .038$ and currently .05$
Careful though, can only predict direction, not magnitude remember? Crypto, things change at least three times faster than the stock market during volatile times.
April 7th when above post was made prices were:
btc was 7k, currently $8,500
TRX was .038$ and currently .05$
Ok I was predicting a drop after btc 8300 but was wrong, so just jumped back in and went with cloak. I know the legislation will come, but it will take another year at the earliest and I'll be out within the month. Anyone want to call it? Up or down from 15? Place your virtual bets on cloak, the crims are still out there lol, and with supply limited to 5m, supply and demand should kick in at some point.
paradoxlost
Member
Do you guys realize that Soros bought like 50$ million in BTC, the Rockefeller trust partnered with a bitcoin investment firm in New York City.
do you know why BTC is jumping? Do you know why it'll pass its high by the end of summer?
with no media fan fare?
do you know why BTC is jumping? Do you know why it'll pass its high by the end of summer?
with no media fan fare?
Said this 13 days ago. Re-quoted yesterday.
"Everybody see that George Soros just entered the crypto market? After poo pooing it for a while? Anybody starting to see a pattern yet? Google, Facebook, Soros all poo pooed crypto, right before they invested. Anybody think these guys are shorting? Didn't think so!"
Nobody knows what any cryptocurrency is going to do, including you. You are not an oracle, you're a dude making guesses that will be 'justified' with a lot of words after the fact.
paradoxlost
Member
Sorry, didn't see that.
Yea, I don't think economics applies to bitcoin at all. You can't watch charts and see anything really. I think that bitcoin price is relevant to a handful of really rich people and they act according to their needs and desires.
R
Rubber Chicken
There will always be SOMEONE with more info than 'you/me' but that doesn't mean that 'you/me' don't have a finger on the pulse of something that most other people still think is a gimmick/scam/whatever.
Also, i am pretty certain that 99% of people investing in crypto will not lose.
Maybe i will, but there will be many winners.
Also, i am pretty certain that 99% of people investing in crypto will not lose.
Maybe i will, but there will be many winners.
Are you a broken freakin record.... Look back at your posts, you are seriously trolling this thread. Either add something, or leave. Stop insulting the people that are trying to contribute.
Also, I am justifying with lots of words? Look back at my posts, they are clear as day. You could have made money if you listened, instead you follow everybody around insulting them personally.
Grow up. Or shut up.
Your last couple posts:
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