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Seeing there are a number of people in here interested in how to use charts to their benefit, I figure I'd make a Topic on charts specifically for XRP.. First rule: Charts do not decide the pri

Here you go. I had to dictate, spell check, and edit so its appropriate for the board. take it with a grain of salt. its an opinion; not fact: Record me? sure why not. late 60s early 70s no one w

One of my good pals who does not have a position in XRP (he's so old unfortunately he wont be around much longer) has been researching Ripple/XRP for me for several weeks (to give him something to do)

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1 minute ago, XRPto50dollars said:

could be! but i dont think a breakout is going to happen because a chart says so. a chart cant predict. it can guess. 

I agree that charts don't dictate price, for me I think they provide outlook on possibilities, and hopefully are accurate at guessing the likelihood of the possibility presented. Now, according to the "TA Rules", do we categorize this TA as unlikely/very, likely, or very likely? If that makes sense lol.

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3 minutes ago, JackTheRipples said:

I agree that charts don't dictate price, for me I think they provide outlook on possibilities, and hopefully are accurate at guessing the likelihood of the possibility presented. Now, according to the "TA Rules", do we categorize this TA as unlikely/very, likely, or very likely? If that makes sense lol.

unlikely until it happens. every single TA which said 'Only up from here' for the entire 2018 year ended up being wrong. everyone conveniently forgets the wrong TA and showcases TA that ends up being 'right'.

dont get me wrong here, i have used TA in the past and find it useful on occasions.. one of the first posts of mine in this Chart Topic used TA which almost to the day predicted the start of the run to $3. but does that mean i was 'right'.. or just lucky?

:JC_thinking:

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1 minute ago, XRPto50dollars said:

unlikely until it happens. every single TA which said 'Only up from here' for the entire 2018 year ended up being wrong. everyone conveniently forgets the wrong TA and showcases TA that ends up being 'right'.

dont get me wrong here, one of the first posts of mine in this Chart Topic used TA which almost to the day predicted the start of the run to $3. but does that mean i was 'right'.. or just lucky?

:JC_thinking:

You da man. I'd say neither, rather you are intuitive. 

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