Plotted are 2 Fib sequences, in 3 timeframes for different persepectives. Perfect confluence at .286xx cents, will attract price and hopefully bounce it. As we know, XRP is known for retracing almost all spikes. Is this time different?
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page. (still in play) (near perfect plot) (near perfect plot) (Near Perfect target, easy trade) (instant Profits, no drawdown) (caught the EXACT bottom) (PERFECT targets, massive profits) (200% gain, Perfect target) (massive Profits, short wait) (massive Profits, instant Win) (Perfect Target, take profits) (caught the spike) (caught the EXACT top) (massive Profits, breakout entry) (great entry, massive profits) (EXACTLY on time) (EXACTLY on time)
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
评论
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Pierced support, but found some demand it seems Lets see if Bulls can keep it above the 28.6 line now
how we can calculate the key value like 28,6 cents for this case? Thanks for your sharing
EuroMotif
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@muqocan, Hi, I am looking at the confluence of two improtant fib lines aright at 28.6.
muqocan
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@EuroMotif, Hi, I understood. Can we say that this is also the reason why is 28.6 strong support?
thanks for your reply and sharing your works.
EuroMotif
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@muqocan, Exactly.
2 or more fibs in close proximity will almost always cuase a reaction.
Maybe not the "turn" but at least a bounce and a good chance of turning it.
And in this case, looking left shows that price to be quite relevant, with serveral turns from above as well as from below.
Slippery09
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.28 has always been a baseline for XRP, It shocked me when it broke a while back
Slippery09
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@kryptochristo, ...and .26 was solid too, until it wasn't
that's the problem with this token IMO,
it ALWAYS breaks trend, it ALWAYS stops short of the target, it ALWAYS retraces all of it's gains and it had me underwater for almost two years..
(rant over)
Slippery09
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"Is this time different?"
Dude, I've been there so many times!
Yeah, I'm sure it will be different sometime, in a massive way, but I am so tired of being stung with this I only trade short. I still have a bagfull locked in a nano s, but only actively short now
(this means MOON! probably! :-))
EuroMotif
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@kryptochristo, yeah, I hear ya.
Been stung a few times by XRP myself :(