My point ultimately, is that trend lines do matter. They aren’t fluff intended to misdirect or deceive. From the structural floor, to the precise intersection of the lines. It is not by coincidence.
As we know, trend lines are ubiquitous on many time frames but not always do they provide accuracy, rather on smaller timeframes they’re designed to trick you.
However on a large macro time frame there aren’t any coincidences. Probability is all layed out very plain for the eye to see, if you have the eyes to see it, and the time horizon bias to be patient enough to be undeterred by market volatility and not fall victim to over complication of what the chart is telling us.
As we know, trend lines are ubiquitous on many time frames but not always do they provide accuracy, rather on smaller timeframes they’re designed to trick you.
However on a large macro time frame there aren’t any coincidences. Probability is all layed out very plain for the eye to see, if you have the eyes to see it, and the time horizon bias to be patient enough to be undeterred by market volatility and not fall victim to over complication of what the chart is telling us.
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Obviously, none of this chart is intended to be financial advice OR an exact prediction of what’s to come and I very highly doubt that it will be. I didn’t create this with the idea that this is exactly what’s going to play out, especially as the meme lines placed on this chart within the current wave structure are basically mirroring the fractal from our previous wave cycle. But I do find it interesting! I do find the intersecting of .64 on the structural floor as a potential pico bear market low!
I do have conviction in this trade setup tho, as I accumulated and hodled XRP from .24 all the way through until our macro structure highs. I do not hold any XRP currently and I was in the top 1% of XRP bag holders, and have long sold my entire position after seeing 1200-1500% gains.
None of this is financial advice. Nobody can accurately predict markets. But I am very very intent on reaccumulating XRP during the bear market lows. If we get sub .65 XRP it will quite literally be the buying opportunity of a lifetime, and I am of the belief that in the next wave XRP is destined for $20 and beyond and I look forward to building my position again with size.
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La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.