It’s crazy how everyone is so quick to post em bull run and profits on ripple 😂 when OGs have been holding for almost a year now and price still doing same thing… everybody reacting to price flunctiation and volatility like they have no knowledge about what the heck price is doing… how’s break and retest hard to identify, many are acting to what they see and not what they know.. but that’s why many loose cause its not that they lack knowledge but they fail to put the knowledge to use… price action will always follow a pattern, if few retail traders pump millions into the market out of 200 billion of us, that doesn’t mean we should see a surge, it take Billions of money and specific amount of positions to move the market in the projected direction.. don’t be controlled by FOMO, trust your analysis and follow price action not chase after it… I will be sharing my previous analysis on this particular pair “ripple” and also with further updates I will be showing you how well we have been bagging in this journey…
Crypit_fx is a branch of profit_fx solely focused on Technical and Fundamental Analysis on CryptoCurrency…follow website and channel for more future updates and for those looking forward to have the knowledge on how to breakdown price action just like i do, kindly email or leave a comment and you will be reached.. its a new year theres no reason not to have the knowldge you need to succeed this decade, it will be wise to make use of this free education rt now while it last before everything goes private.. share your thoughts down in the comment and lets get the year started.. Thanks.
FEBRUARY 4th 2021
TOTAL PIPS: 2,150
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Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on and that is why we are currently seeing this bull power trying to take over. But remember for every break there is a retest, my analysis shows price is currently trading in the red zone and we should not be buying.. there is a big break and retest on the monthly timeframe i believe thats why we are having this choppy movements… sell stop got activated once and currently stopped out, i will be watching price for the sell rally.. updates will be given as we ride the bag, trade safe using proper risk management and also be ready to get stuck in profit.
JANUARY 26th 2021
JANUARY 27th 2021
JANUARY 28th 2021
BTC-USD price action broke through 30300 yesterday, sell bias confirmed, currently price is trading in the zone and this is because Cryptocurrencies have come under pressure in recent times despite interest from big financial institutions such as BlackRock and Goldman Sachs. My sell order has been replaced with a new order and position will soon get active, i will urge everyone to do the same, price is currently retesting the broken support zone and now turning it into a resistance zone, if NY session plays out nice like yesterday we should see a beautiful price action today… signal is very valid, but trade with proper risk management..
Finally JAN 29th 2021 price finally stopped me out on my BTC-USD position and this is because of the recent Volatility in the market.. manipulation by federal reserve pumping dollars into failing Banks and Cooperations, this does not seem ok to everyone but trust me when i say this is what is called “when big boys dont like to lose”. And also Reddit users are currently rallying around GAMESTOP stocks that is currently making few millions of dollars after 90% of shareholders sold their stocks, this was said to be regulated but i doubt its anytime soon. The entire stock market have just disconnected itself from reality, its funny how quickly the financial press are crying for hedge funds just after a weekly drawdown, seem like 2021 will be kicking off foots early this year..
Here is my 5th confluence on BTC-USD for those asking in worry, we have just withnesses 1 of the biggest manipulation in the hustory of financial market…
Thanks to 2020 for the new setup but honestly 2020 was a flop with silver, so much coinsolidation and patience for the bears to take over but nothing happened, a huge reversal occured rt after i dropped my analysis on the free channel, that was also another blow but here is the new set up for the new year.
As we are still waiting for the new year Economic events on Silver i and the team have decided to take a short trade,Analysis will be shared below and i want everyone to bag with confidence like a pro, currently we are stuck in profit and there are still many chances for entries, positions should be traded using risk management. Analysis will be shown below..
XAGUSD current situation not looking very good, price fell last week on friday back to our entry point, probably its just a retest of the support zone before the bull run, we can further analyze the pair with candle sticks using price action to determine our next move..
4 DAYS AGO, i and the team embark on this journey and i can tell sellers are really teaching buyers a patience lesson here… silver is massively bearish and we know this because of the last youtube video that was shared on the channel, price might have given us so much pips but took it all back on the bull run and now we are trading above resistance, we have to be careful of bear trap, for every breakout there is a retest and, that is why i will be sharing the pullback analysis and hope this plays out as planned… kindly trade safe and use proper risk management as we are still expecting more Economic news from silver.
JANUARY 29th 2021
The first signs that the silver market was about to get hit came Wednesday.
Social Media went crazy, Comments began appearing on the Reddit chatroom r/wallstreetbets — the investor board now famous for fueling an astonishing short squeeze in Gamestop Corp. that sent its market value soaring by 788% in a week. Posters started egging each other on to pile into IShares Silver Trust, the largest silver exchange-traded fund around, saying banks have been manipulating silver prices which is very true as we can see clearly we as small time traders have been holding this position for so long that price was only try to retrace and stop everyone out just like the BYC market just did… manipulation is currently happening to Stocks market in general as Robinhood have just stopped 90% of their traders from trading some penny stocks just to protect the firm because now they are loosing to private individuals, this is not right Economically, but this is the big boy game and i believe many are just pawns, example is the ROBINHOOD CEO.
Feds are keeping the price artificially low and masking a shortfall in physical supplies. One post described it as “THE BIGGEST SHORT SQUEEZE IN THE WORLD.” lol, finally price made it to second target..