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Charts - How To's

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9 hours ago, Trickery said:

During WWII the US Airforce wanted to optimise the placement of armour on their airplanes to keep weight to a minimum while still offering enough protection, so they employed the services of Abraham Wald a statistician. they already knew that most planes that returned to base had bullet holes distributed along the engine, fuselage and wings but the distribution was uneven, most holes were in the fuselage fewer were in the wings and hardly any were in the engine so they surmised that the fuselage was where the armour was needed but they were wrong. Wald pointed out that the missing bullet holes were where the armour needed to go because planes that had been hit in those places didn't return to base.

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By reasonable deduction, as long as Ripple is progressing forward, the chart would have to enter a 'green period' next on the heikin..

Check out 1-month Honeywell's chart since the early 90s..

Major ups and downs. one month you thought it was over, the next month youre swimming in riches...ultimately we know HON was a successful investment.

1.thumb.png.c335da315a72f1e8adb14f621ba83ccd.png

But mostly pay attention to the red / green periods. 99% of the time, when a company has strong backing, a product which works and which is use, the chart will naturally correct itself and enter green periods. XRP has been in a red period 6 months. im fairly certain we are 'close' to turning green. but REMEMBER!... this is a serious investment. if you focus on the daily chart youre going to wear yourself out. FOCUS ON THE MONTHLY CHART for now!!

Notice HON (chart above) had red periods of two years or more! things take time. now imagine seling in 2009 after the crash because you thought it 'was over' @ $25... only to see the price surge to $153 today.

we have a very difficult 5 years ahead of us. HOLD people. HOOLLLLLDDD. 

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On 7/19/2018 at 10:22 AM, XRPto50dollars said:

if i were to use the chart to predict anything (which i normally dont do), i would look at the fact that the rate of decline has slowed.

Feb to April (52 days) declined 56%

April to July (79 days) declined 47%

it doesnt actually mean anything, and cant predict what will happen, but it 'could' indicate (according to people who use TA to predict future movement) that the chart is ready to bounce.

WE ARE DYING SLOWER! PROGRESS! 

??????

Hodl people. Hodl. 

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On 7/22/2018 at 5:18 PM, XRPto50dollars said:

it is possible things may turn around soon.

so far, this is the longest period of time (24 days) since February where the price has leveled off. Lets see what happens..

may turn around.... .downward ? lol

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On 7/22/2018 at 5:18 PM, XRPto50dollars said:

it is possible things may turn around soon.

so far, this is the longest period of time (24 days) since February where the price has leveled off. Lets see what happens..

its interesting because BTC is moving up. XRPs chart has stagnated. is this a typical lag often seen in similar markets? XRP could be coming out of this drop soon.1.png.1344259c2c01165bf99b98ec6614f91f.png

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5 hours ago, Mr_Rippling said:

It seems as though we are going to bounce about between .44 and .46 for a while. Feels exactly the same as it did last year ?.

Back to just below .44, now sat at .44. I bet tomorrow that we wake up and we are at about .45125...

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20 hours ago, Mr_Rippling said:

Back to just below .44, now sat at .44. I bet tomorrow that we wake up and we are at about .45125...

Oh, so this is all your fault!  You just had to go and predict a rise in price, didn't you? ?

Edited by Liagala

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