XRP: Do yourself a favor
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1) Zoom in to compare this incredible exact same pattern.
2) Then ask yourself, when will your euphoria about a change in trend be the greatest?
Thats where the #rekt will happen and most hodlers be badly exposed. Right there in the red box after breaking trendline.
Both patterns represent a valid h&s with the recent one hitting its target right on point AFTER breaking down the neckline which is the ultimate requirement.
So this gives a Damokles sword as long as $0.75 is not surpassed.
I'd even say the orange box would be a no trade area because thats where it can go both ways and any trade within that area would be worst R:R
2) Then ask yourself, when will your euphoria about a change in trend be the greatest?
Thats where the #rekt will happen and most hodlers be badly exposed. Right there in the red box after breaking trendline.
Both patterns represent a valid h&s with the recent one hitting its target right on point AFTER breaking down the neckline which is the ultimate requirement.
So this gives a Damokles sword as long as $0.75 is not surpassed.
I'd even say the orange box would be a no trade area because thats where it can go both ways and any trade within that area would be worst R:R
Uwaga
Close up for all the lazy viewersUwaga
Fib-wise we got a perfect bearish pattern ending on 1.618 corrective fib locally and failing to suprass 0.886 major (for now)and a harmonic pattern as well
Uwaga
pump and dump just as per the fractal. yall know what to do on a retrace?!Uwaga
2016 fractal even too, insaneUwaga
Fibs are friends. But this is just a coincidence?Uwaga
a failure to trigger 1.272 here would be pretty bearish Uwaga
2 fib misses, 2 bear flags. Would have to blast through resistance with a strong impulse or get #rektUwaga
same old ish, just a different day, huh?shared here:
Uwaga
next dot in the fractal Uwaga
at least locally short?Transakcja zamknięta: osiągnięto wyznaczony cel
WTF, target already hit on bittrex on 03/25/23 Wouldnt be suprised if other exchanges follow that wick at a later point
Uwaga
Quote from above:2) Then ask yourself, when will your euphoria about a change in trend be the greatest?
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here we are in the max pain zone where confidence of bulls and comments seems to be maximizin and price per fractal should get stuck Uwaga
decision time Uwaga
better start deviating bro!Uwaga
deviation in wrong direction for bulls?Uwaga
and also 2014 fractal incredibly on point still Uwaga
2017 fractal too of course Uwaga
mirror mirror on the wall....incredible !
Uwaga
gotta love fractals huh? still following exactly -.-remember, if it looks like a flag, it usually is one :P
Uwaga
hey today lets take a look at the btc pair:we can see on intermediate 0.886 has been triggered for continuation towards 1.272
on local 2.618 has been triggered for 4.236 which accidentially lines up with 1.272
up move since may has been 3 wave corrective (for now)
invalidation > 0.886 @ 2612sat
Uwaga
and we got the breakdown from the flag. following the fractal, things should speed up nowUwaga
break down here and get #rekt hardUwaga
already down 20% from the top, follwing the fractal(s) like a script. have you done yourself a favor? Uwaga
well, guess its still following the fractal. expecting it to kind of deviate and do an inverted leg soon thoUwaga
inverted like this coz thats how fractals play out, deviate, trap people and in the end arrive just there where expectedUwaga
like here Uwaga
mimickingfractal #1
and fractal #2
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wellUwaga
2nd break of the flag, aint looking good bravUwaga
if this possible bull flag fails to break to the upside, expect PA to accelerate southUwaga
seems like a inversed part is about to happen with a sharp decline next?Also nice to monitor 8.236 fib level, just where it would be expected
Uwaga
keep bringin em lower local lows inUwaga
looking at BTC and altcoins: whole market is now at a decision point, bears or bulls, one of them will get totally rektfor peepee it could mean one of these
Uwaga
if it doesnt break the flag upwards with an impulse on the next leg, chance is very high, its gonna drop hard thereafterUwaga
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still on track, next high or low may 20th?Uwaga
still following the playbook, local top for monday, huh?Uwaga
well that recent local high came 2 days close to the fractals local high, if it turns from here, its gonna be 2-3weeks steady decline until mid juneUwaga
when your favorite twitter lawyers tell you its so cheap here, what could go wrong?just look where price is at, sigh
Uwaga
aint no deviation yet!in contrast, its still being followed badly excactly
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2016 fractal still being followed Uwaga
2019 at crucial turning point Uwaga
2021 fractal and current price action in crystal clear (bear) flag (for now)Uwaga
if this break out fails and especailly 0.886 gets violated, its gonna be 1.272 callin next before heading lower.oh and of course hinman emails could not prevent fractal from being followed, but created so much euphoria in xrp army that they were blended by emotions once more lmao
Uwaga
guess what, still on track! what a timely accuracy! lets see if xrp can break free lolz
Uwaga
cute break out and awesome euphoria in the xrp army. always remember whats a good time to rekt many? right when peak euphoria! how many bought the top huh? for the fractal, could consider it still being followed? Almost a month of consolidation might be ahead as long as the breakout level $0.56 holds
Uwaga
Here we are about to fully retrace the (fake?) rally, 2-3ct above previous GTFO area. Come on, how many xrptards bought into that breakout and are under water now?
remember if it looks like a flag, it usually is one
As long as the top of the flag is not surpassed, consider much lower prices / fractal target
Uwaga
when r/s flip? Uwaga
theres just one word describing price action so far: REJECTIONUwaga
2nd flag - now broken down - almost identical as the first oneexpecting another leg down similar to 2nd impulse
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maybe a bit quicker and deeper?Uwaga
F L A G unless it breaks upwards you know the story
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hm? Uwaga
lets be fair and give em bulls a last chanceUwaga
Uwaga
While some might be enjoying their own favors possibly buying here at 0.48$ vs 0.56$ lets take a look at this btc fractal. little hopium for dat xrp army lol
Uwaga
As in previous comment, someone might be buying here at 0.48$ levels - voila someone realldy did! :D next impulse should r/s flip - another lower low however will be pretty baaaadoh and be sure to check out the BTC fractal here
Uwaga
if it looks like a flag...Uwaga
if one would have to give an example of what a rejection looks like itd be this break back into the triangle = bullish, fail here longer = bearish
Uwaga
itd make much sense to clear that green area of liquidity before going up, lets see
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