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Brexit or not short this altcoinIf you are buying this long term you are delusional. The only one buying this are banks to later dump on you as a retail trader when brexit realizes or not. Either way the economical factors for both outcomes: 1. Brexit succeeds, good job. Country is now going to dipshits and people will run away from gbp to other currencies. 2. Brexit fails, this sheep herd of a rally will sell because it was not what the people expected. Either way. SHORT this.
Short
by C2222222222
1
New Years Surprise For XRP Good probability of an upside move on the 1 hr chart. 4 hour chart showing potential of a pullback to follow after a test of the 200 day MA on 1 hr chart. Following that we have the daily chart setting up for a big move, my target would be back around .45. I feel that after that we will inevitably see a lot of selling pressure leading up to Jan 19th. This could fulfill the .10 prophecies and potentially even lower. I would expect the carnage to start the week before trading is suspended . If we have a decent bullish move in the coming week we might only fall back to price levels recently established and form a double bottom or slightly higher low on Macro timeframe. XRP is either hated or loved. You do you but this is an asset Ive decided to watch for years and I firmly believe this coin will not only survive but thrive in the long term. To anyone who is hoping to "jump back in" when trading is resumes is keen to avoid some risk. Just know that by avoiding risk you are also avoiding the possibility for serious rewards (in terms of this asset, you certainly can make money elsewhere). What if it recovers before trading is allowed to US investors? You will miss out that is what. This coin going to zero is not a guaranteed outcome rather pure speculation. Tesla(stock) did "pretty good" after they sorted out their SEC issue. Hate XRP now and hate it 1000 times more when it's at numbers that were claimed to be unreachable. Due to the nature of the global money supply there was once millionaires, then billionaires and now in my lifetime there will be trillionaires. Let that sink in. I believe there is an almost certain guarantee of extremely volatile price movements in the coming weeks as bears and bulls fight over whats left of this shit sandwich of a situation. I mean if the SEC really cared about the small investors, why would they wait until after a massively hyped and published airdrop event to make allegations? They let everyone climb into the boat first so to speak. To me it seems extremely strange when considering the timing of everything. Sometimes its best to read between the lines. But long term, XRP has been building a network that is global based for years and if you didn't notice Brexit is a thing and they aren't really sure what form of money they will use. XRP has been mentioned specifically by the bank of England (er the world should I say), BIS, IMF and ECB. In a macro setting the writing is on the wall. To the unknowing populous the stage has been set. Cash out of XRP completely and you might just be buying back at a steep premium. Just sayin' --> Not Financial Advice. Happy new year to all I wish you endless happiness and abundant love.
COINBASE:XRPUSD
by MitchMilli
LFIN: SHORTFIN orLONGFIN? How NOT to trade Low Float StocksBearish Crab harmonic completed on LFIN prior to a "investigation" for shady business and a pathetic attempt to halt T12 Trading. Any IPO is usually traded ridiculously high allowing short sellers to profit from this so early shorts were already placed with predictable stop losses. The hidden selling pressure behind IPO lead price being popped up by "bulls" to run the stop hunt above the 0.618 $65 price. All of these levels will have to be recreated with price action, for now my opinion on the price is neutral, looks overly hyped but most newbie investors are just trading it for the % and point moves The VPVR fired shorts covering at 0.236 or of the 1.618 fib extension of the bearish three drives, however we are now in a potential consolidation at the 0.618 $35 which will be covered by other late shorts back up to VWAP price. Nonetheless there is no clear direction for the trend can only gauge directional momentum and potential reversal points using aroon and previous support levels
L
by atorrealba