xrp_is_love_xrp_is_life Posted June 18, 2021 Share Posted June 18, 2021 Just now, Baka said: BTC and alts are looking damn weak And its not even weekend yet. Link to comment Share on other sites More sharing options...
MQB Posted June 18, 2021 Share Posted June 18, 2021 Panic already? Good sign! Julian_Williams 1 Link to comment Share on other sites More sharing options...
xrp-nuke Posted June 18, 2021 Share Posted June 18, 2021 On 5/31/2021 at 1:16 PM, MQB said: BTC waking up but don't expect drastic upward movement. Not yet You sold XRP at 0.90, now it's over $1, time for you smartbass to hop on and sell at $0.80 again?@xrp-nuke 43 minutes ago, MQB said: Panic already? Good sign! Oh boy! Link to comment Share on other sites More sharing options...
JASCoder Posted June 18, 2021 Share Posted June 18, 2021 Regarding using the Close Price of a period as an indicator's reference value... You may have noticed in Trading Views settings on trend indicators they offer alternatives to the close price default. I think in general, the close price is the one most commonly used because one's TA would not be consistent with everyone else's TA, and put the deviant into question of being accurate (just a theory, lol). I've also experimented with my back-testing scripts the efficacy of the alternatives, including one I wrote myself which calculates the average price in a period based on the weight of the trade volume. IMHO this method is the most representative, but it's not readily accessible to everyone AFAIK. BillyOckham 1 Link to comment Share on other sites More sharing options...
JASCoder Posted June 18, 2021 Share Posted June 18, 2021 9 hours ago, BillyOckham said: I just had a look and it seems the 4hr are not synched to 2400. Rather it goes to 2200 and then 0200. Dunno why. I expect that explains your differences. I think you might just be seeing an artifact of charting... The rendering of a candle looks best having it centered at the period's tick-mark. But if you watch the current candle, as it fluctuates with the passing seconds of live trading, you'll note that at the period's ending second, it will render with a width centered on that period's time-tick. I can go into more detail if you are not following me... BillyOckham 1 Link to comment Share on other sites More sharing options...
BillyOckham Posted June 18, 2021 Share Posted June 18, 2021 23 minutes ago, JASCoder said: I think you might just be seeing an artifact of charting... The rendering of a candle looks best having it centered at the period's tick-mark. But if you watch the current candle, as it fluctuates with the passing seconds of live trading, you'll note that at the period's ending second, it will render with a width centered on that period's time-tick. I can go into more detail if you are not following me... Ah yes I see what you mean. Thanks for setting me straight. I was just using trading view and touching the candle which gives a dotted line whose date and time info can be read down on the x axis. And as you say, on a four hour candle it is dead centre, so that means 2200 on the four hour candle ending at midnight. So yeah thanks, I was wrong, the four hour ends sensibly at midnight. Which leaves @Dario_o back where he started…. Noticing different close prices on different charts. Tbh I’m thinking now he must be wrong about that. Perhaps Dario you could point out a concrete example? Link to comment Share on other sites More sharing options...
Xrpdude Posted June 18, 2021 Share Posted June 18, 2021 2 hours ago, MQB said: Panic already? Good sign! Really?? Still denying the painfully obvious Link to comment Share on other sites More sharing options...
Nat99 Posted June 18, 2021 Share Posted June 18, 2021 @Eric123at the current sub 80cent prices for XRP, I imagine you're a buyer, right? Link to comment Share on other sites More sharing options...
xrp-nuke Posted June 18, 2021 Share Posted June 18, 2021 21 minutes ago, Nat99 said: @Eric123at the current sub 80cent prices for XRP, I imagine you're a buyer, right? 0.71 and downward, than there is some resistance in between 0.7 - 0.65. Patience. Link to comment Share on other sites More sharing options...
Moonraker Posted June 18, 2021 Share Posted June 18, 2021 (edited) Bitcoin death cross is approaching which will instill more fear into the market and shake more people out at which point the price will suddenly move up. Not financial advice but this is what I'm predicting. Edited June 18, 2021 by Moonraker Link to comment Share on other sites More sharing options...
Troote Posted June 18, 2021 Share Posted June 18, 2021 7 hours ago, Baka said: BTC and alts are looking damn weak It's going to be a sh*t summer for holders. Hopefully the anticipated and miraculous recovery is not the 2021 version of 2018's Chinese New Year... the similarities in mentality and behaviours are disconcerting even if the narrative itself has changed. Link to comment Share on other sites More sharing options...
xrp-nuke Posted June 19, 2021 Share Posted June 19, 2021 52 minutes ago, Moonraker said: Bitcoin death cross is approaching which will instill more fear into the market and shake more people out at which point the price will suddenly move up. Not financial advice but this is what I'm predicting. And than down, and down, and down, down, a bit more down, just down, all the way down... Link to comment Share on other sites More sharing options...
RandyMarsh Posted June 19, 2021 Share Posted June 19, 2021 38 minutes ago, xrp-nuke said: And than down, and down, and down, down, a bit more down, just down, all the way down... You think bitcoin is going to zero? Or are you just typing words. Link to comment Share on other sites More sharing options...
xrp-nuke Posted June 19, 2021 Share Posted June 19, 2021 9 hours ago, RandyMarsh said: You think bitcoin is going to zero? Or are you just typing words. I think that: a.) We see 25-27k before after todays deat cross Or b.) We see another yet bounce from 30k and slow recovery towards outumn/winter Alts gonna suffer, they already do. Usually daily death cross is followed by a bit more down, and than starts slowily moving up towards golden cross. Link to comment Share on other sites More sharing options...
NMNR Posted June 19, 2021 Share Posted June 19, 2021 39 minutes ago, xrp-nuke said: I think that: a.) We see 25-27k before after todays deat cross Or b.) We see another yet bounce from 30k and slow recovery towards outumn/winter Alts gonna suffer, they already do. Usually daily death cross is followed by a bit more down, and than starts slowily moving up towards golden cross. Basically you aren't sure. What you're saying is equivalent of walking out your door and seeing cast in the sky and saying it might be dry or it might rain lol. The whole death cross narrative is being marketed EVERYWHERE. I swear, the cryptomarket speaks all of this into existence haha. There is enough evidence to support that we won't see BTC fall below $30k imo. I'm not sure there's evidence of even implying the death cross would cause that either. This is just a sideways market at the moment. jMusic, Julian_Williams and Trentsteel 3 Link to comment Share on other sites More sharing options...
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