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Molten

Charting the course of XRP

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24 minutes ago, XRP_to_20dollars said:

I am not complaining. Just observing. Stop being so sensitive. If a commentator was consistently wrong, I'd also call that out. 

What commentators do not do is say I predict xxx team will win and lose today. And then claim to have been right when one of the inevitable eventualities transpires. 

Maybe you should revisit your logic.

If Molten says it is probable that the price might rise, but there is chance of it reclining as well that means it is exactly what he said. If you only hear price might rise and then gets disappointed when it does not, it is maybe something you should tend to. Manage your expectations. These guys CANNOT predict the market. They try to provide insight and share knowledge. Rather appreciate that and collaborate than get negative when price does not rise. 

To compare a sports commentator with crypto markets is far fetched to say the least. Vast differences and I mean vast.

PS: This is not being sensitive, this is being realistic. Start to observe more objectively. Why only critic when he's wrong, why not give credit when he's right :big_boss:

 

Edited by RipplingAlong

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If I was a wealthy man I would buy out all the moaners at their 10% profit levels just to see the back of them and never have to hear their miserable bleating again.  They infest every thread.

Unfortunately I’m not wealthy.  Maybe one day....  but if I ever am it will be no thanks to these pathetic complaining sad sacks.

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8 hours ago, XRP_to_20dollars said:

So to put your Contrarian view in perspective, this the first part of your post. 

"2 attempts at $0.34 and both denied.  But the rejections have been very minor (e.g. no big drop) and so it seems likely to me that, sooner than later, we will have a successful breach of that level.  Looks like there are some sell orders stacked up at that level that we need to clear out before the run can continue.   And actually, if we look at the 15 min chart, we see an ascending triangle poised to breach the $0.34 mark by tomorrow afternoon."

It is not me being disrespectful, I am voicing my opinion that you are not reliable. You have a habit of doing the above; posts that cover both bases, upwards and downwards movements. And then when you do go out on a limb and make a price prediction, it regularly fails spectacularly. 

But carry on....

 

OK, I'm going to respond one more time before you are on permanent ignore, just because the point you are making is blatantly incorrect.

I made that post that you referenced and bolded at around 5:20 pm EST.  The price subsequently breached $0.34 at around 8:30 pm, about 3 hours later.  Then, it dropped down to the $0.27-$0.28 level, like I suggested it might, and so far has held above $0.27 like I hoped that it would (and I hope it continues to do so).

So, while I am not claiming to be a savant or clairvoyant, in this instance, I was actually dead correct. 

So, you carry on....

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14 minutes ago, Julian_Williams said:

RSI is the purple line?  High RSI is bad, low RSI is bullish?

I do learn a lot from your thread.  Take no notice of the detractors.

Yep, RSI is the purple line.  It gives you a sense of where an asset is in terms of moving averages and whether or not it is overbought or oversold.  Generally, a high RSI tells you that we are due for a correction, so yes, high is bad and low is good.   Although RSI was low for a veeeeery long time before XRP finally popped up, so, in general, I think a high RSI is much more predictive of a correction than a low RSI is of a bounce.  That make sense?

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We have given up all of the gains from the mini-parabolic that took us from $0.27 to $0.34.  I would suspect that we are going to dip a bit below the "neck" line at $0.27 and probably touch $0.265, which is the 50% fib.  It would be nice to hold this level and get a bounce, but now we are officially on a head and shoulders watch...

82KkclKj

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