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tar

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About tar

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    Advanced

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  • Website URL
    https://blog.anep-economics.org/?lang=en

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  • Gender
    Male
  • Interests
    economics (esp. monetary theory), law, history, politics, ethnology
  • Location
    .de
  • Country
    Germany

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  1. Beware if neckline is broken: BTC is also in a longer correction, now... I guess, to around $ 38,000:
  2. The SEC is not there to protect investors. Look up "Madoff and SEC".
  3. No, a head & shoulder pattern (H&S) is bearish. An inverted H&S is bullish. It corrects the former movement. Details here: https://www.investopedia.com/terms/h/head-shoulders.asp
  4. For whom it may concern, a short trade of mine ... I entered at the left red circle at 1.498 € when XRP moved above the last resistance (a line drawn from the previous highs) and exceeded the candlewick you see left of it. I watched the further development and was prepared to sell around 1.555 €. But XRP did not reach my target and instead fell heavily even through the minor support line (drawn from previous lows). I observed the situation, always prepared to sell immediately as soon as it would rapidly fall through the bolder white support line (drawn from further previous low
  5. You see the corresponding boundaries for 2 possibilities: bullish flag (up again) or downfall through the white line (a healthier correction). A move up would test the resistance at 1.56 € again. A move down depends on the panic it triggers. Targets would be around 1.32 €, 1.24 € and 1.10 to even 1.03 € and 0.93 €. If you want to stay safe, you either set stop losses (which, if set too tight, could be triggered and keep you out of a sudden upward movement) or stay awake, watch and react or enter above 1.65 €.
  6. XRP is at a harder resistance, also at the XRPEUR chart. At the XRPUSD chart is some room left (up to around $ 1.77). I am out, for now as I need some sleep
  7. Update: https://www.tradingview.com/chart/XRPUSD/MdteUMHC-xrp-cycle/
  8. Update (I guess the last one for months/years) https://www.tradingview.com/chart/XRPUSD/MdteUMHC-xrp-cycle/
  9. Update reg. SEC: https://www.tradingview.com/chart/XRPUSD/MdteUMHC-xrp-cycle/
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