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XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)

 
Anonymous Coward
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07/21/2021 02:08 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
Safe to buy xrp or xlm now?
 Quoting: Anonymous Coward 80587550


Yes. for about 4-5 days. All crypto comes up for the next 4-5 days. XRP is coming up to at least 60 cents. Maybe 64.88 cents. It's at 54 cents right now. Not sure it comes up higher than that.

I'm expecting XRP at 23-30 cents by september.
 Quoting: Mr. Cheeze


So what would you sugest buy some xrp set a sell price for when it tanks and transfer that into tether of we cannot get the fiat out?
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07/21/2021 02:10 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
...


Oh your day trading. That'll work out well.


It's not going higher than low 30's


Too much time in 30's. Hope is gone.


BTC needs some blood/fuel.. 24k seems good for a little bounce
 Quoting: Anonymous Coward 46809220


What type of fuel? Like a televised event with Elon to promote bitcoin? ghehehe

what is the head and shoulders thing even based on? other than the look of the graph. like what motivates the movement? Or is it merely an observation?
 Quoting: T-Man


A head and shoulders shows that there are increasingly less buyers in a market over a period of time.


1...........2............3
............BBB....
............B....B....
BBBB....B.....B....BBB
B....B...B......B....B...B
B....BBB.......BBBB....B
___________________ 4.
B............................B 5.
B............................B
B............................B

0.


Start above at the 0. Follow the B's through the numbers 1,2,3,4,5 in order.
The 1 impuse was buyers pushing a price up
The 2 impuse was buyers pushing it even higher
The 3 impuse was buyers trying to push it up higher but failing at the same line as impulse 1. It implies there are less people buying. More people selling. As soon as it breaks below the 4 which is called the "neckline" it is confirmed as valid head and shoulders. Until it breaks below the 4 it is only theoretical and not at all guaranteed. It could go up again. Once price reaches the 5 it is confirmed a head and shoulders and doom happens.
 Quoting: Mr. Cheeze


So basically its just a name you can give to a part of the graph in hindsight? (or is that too simple?)
so if it does go up from here its simply no longer a head and shoulder pattern? or i mean its still a complete head and shoulders that transformed into a second head?

 Quoting: T-Man



Honestly I see why everyone wants to call it a head and shoulders. It does look sort of head and shoulders'y.

But honestly it's more A shaped than head and shoulders shaped. Head and shoulders don't have descending triangles for right shoulders. Head and shoulders have a rectangle shape as a right shoulder. Usually a slightly upslanted to the right rectangle.

Head and shoulders left and right shoulder are usually the same amount of candlesticks.

This "right shoulder" is a slowly falling shoulder. It's not popping up to 42k for a very clear and HARD rejection down. That's what head and shoulders do.

https://imgur.com/a/prG0rkL
T-Man
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07/21/2021 02:12 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
woke up and binance still doesnt allow debit cards. meanwhile i already missed out on some potential profit :(

my only hope now is that my manual request for my binance wallet verification happens fast...

otherwise ill have to wait for the big crash, but i want to ride both ways lol. for science
T-Man
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07/21/2021 02:13 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
This "right shoulder" is a slowly falling shoulder. It's not popping up to 42k for a very clear and HARD rejection down. That's what head and shoulders do.

https://imgur.com/a/prG0rkL

 Quoting: Mr. Cheeze


This is what some people imagine is going to happen next..after our current head and shoulders.
But you dont think thats whats coming.

obviously i hope "they" are right lol
Look how nice that graph looks


edit: well i guess you see the same happen, its what you call the mega crash, but look what happens after it... so beautiful

Last Edited by T-Man on 07/21/2021 02:14 AM
Anonymous Coward
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07/21/2021 02:15 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
https://imgur.com/a/fOT9Kxo


Here's the covid crash head and shoulders. It wasn't covid that caused the crash. It was a basic-bitch head and shoulders.
Tekunda

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07/21/2021 02:20 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
Sr Cheeze, wut doing?

gains on your eth move today I see.

V nice
 Quoting: Anonymous Coward 80398917



I will increase my money 600 times over in about 3 weeks with about 4 trades.

T.A. is fake though.
 Quoting: Mr. Cheeze


May I ask if you use leverage anf if you do, how much? And which broker do you use? Thanks!
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07/21/2021 02:21 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
This is a nice mental exercise for you guys.

Look at the left shoulders of both of those head and shoulders i just posted.

The price action inside both left shoulders is strikingly similar.

The price action inside both heads is strikingly similar.

The price action inside both right shoulders is strikingly similar.

Isn't that neat?

It's proof that head and shoulders have mini fractals inside the shoulders themselves that are observable and identifiable among other head and shoulders patterns.
Anonymous Coward
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07/21/2021 02:33 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
Sr Cheeze, wut doing?

gains on your eth move today I see.

V nice
 Quoting: Anonymous Coward 80398917



I will increase my money 600 times over in about 3 weeks with about 4 trades.

T.A. is fake though.
 Quoting: Mr. Cheeze


May I ask if you use leverage anf if you do, how much? And which broker do you use? Thanks!
 Quoting: Tekunda


Leverage yes. It varies trade by trade. At moments I am SUPER close to my stop loss I will use up to 15x leverage. talking .03% away from an entry point. Like, pretend ethereum is at 1700$. I'd long 1700$ with a stoploss at like 1698 or 1699. My stops are SUPER tight whenever my leverage is over 5x.

On trades my stop is more normal, I use 5x most of the time. I use 10x, but sparingly. 15x is super super rare.

So to answer your question, 5x mostly.

Bybit is amazing. I recommend it.
Anonymous Coward
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07/21/2021 02:38 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
This is a nice mental exercise for you guys.

Look at the left shoulders of both of those head and shoulders i just posted.

The price action inside both left shoulders is strikingly similar.

The price action inside both heads is strikingly similar.

The price action inside both right shoulders is strikingly similar.

Isn't that neat?

It's proof that head and shoulders have mini fractals inside the shoulders themselves that are observable and identifiable among other head and shoulders patterns.
 Quoting: Mr. Cheeze


Something else that is exceptionally neat.

Look at the follow through price action after both dumps from those head and shoulders.

Both price paths after both head and shoulders dumps finish? They are fucking similar too. Seriously. You can't make this stuff up.

How crazy is that? I never noticed that before.
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07/21/2021 02:56 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
https://imgur.com/a/fOT9Kxo


Here's the covid crash head and shoulders. It wasn't covid that caused the crash. It was a basic-bitch head and shoulders.
 Quoting: Mr. Cheeze


So checking out the ethereum chart... here's what I see as a possibility. Ethereum might be... in a MULTI YEAR HEAD AND SHOULDERS! lol. If this stuff happens I will honestly shit myself. Check this out.

https://imgur.com/a/Ko1xiO2


By the way. This multi year head and shoulders theory?

It projects down to 500$.

Exactly where my descending triangle projects.

I'm honestly in shock right now. Look at the price action in the head and shoulders and compare it to the 5 year ethereum chart.

The price action is very very very similar.

Like I'm honestly so happen I broke down the head and shoulders to you guys that much and just happened to have the ethereum chart on my other screen...

I think... this might really be happening...

We're going to be filthy disgustingly rich if I'm right.
T-Man
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07/21/2021 03:07 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
Dont forget to get some sleep too Cheeze tounge
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07/21/2021 03:32 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
https://imgur.com/a/yXg8Xl5

https://imgur.com/a/yUFJNWV


Someone tell me I'm crazy for thinking these two things look virtually identical in structure. Seriously. Someone prove to me I'm crazy for thinking these are identical. Because if I'm right we're in a giant 8 year head and shoulders and we are at the head right now.

Which is unfuckingbelievable if i'm right.
T-Man
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07/21/2021 03:56 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
No way were going back to prices from 8 years ago. i fail to see how that is possible :P
Anonymous Coward
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07/21/2021 03:59 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
No way were going back to prices from 8 years ago. i fail to see how that is possible :P
 Quoting: T-Man


So you're saying those don't look similar?
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07/21/2021 04:02 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
No way were going back to prices from 8 years ago. i fail to see how that is possible :P
 Quoting: T-Man


So you're saying those don't look similar?
 Quoting: Mr. Cheeze


I honestly feel like I just found the treasure of Sparta and about to become a billionaire. That's how stupid this is if I'm right
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07/21/2021 04:06 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
BTW my trade is up 70% right now :)

I'm not basing my entire trading structure on that head and shoulders fractal but it will guide me in how I look for trade ideas. I'll still follow divergences and regular patterns.

I'm so excited for 2021-2025. The great reset makes sense now.

Makes sense why the great reset stuff i read showed it lasted until 2025 in that Canadian paper posted.
T-Man
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07/21/2021 04:09 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
No way were going back to prices from 8 years ago. i fail to see how that is possible :P
 Quoting: T-Man


So you're saying those don't look similar?
 Quoting: Mr. Cheeze


they do. but not looking at the pics. HOW would that be possible?? the market cap was 6 billion 7 years ago. Coinmarketcap doesnt even go back 8 years lol

how, where would all the money go? would everyone (literally everyone!!) just give up on crypto for that to happen?
T-Man
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07/21/2021 04:10 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
Litebit rejected my binance wallet because my screenshots were too clean. had to use a phone camera and try it again..
sheesh thats not what i call 'the digital age' when i have to wait over a day to get something done digitally...
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07/21/2021 04:14 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
No way were going back to prices from 8 years ago. i fail to see how that is possible :P
 Quoting: T-Man


So you're saying those don't look similar?
 Quoting: Mr. Cheeze


they do. but not looking at the pics. HOW would that be possible?? the market cap was 6 billion 7 years ago. Coinmarketcap doesnt even go back 8 years lol

how, where would all the money go? would everyone (literally everyone!!) just give up on crypto for that to happen?
 Quoting: T-Man


Well... you underestimate how many coins the whales have. You also underestimate how much the us dollar index is about to go batshit crazy up. The dollar is going to go crazy up for 4 years. This will kill assets.

I dunno man. I know how crazy it sounds. I really do.

Did you see the post about the co-founder of ethereum selling literally every bit of crypto he had including all ownership of ethereum?

It would be the perfect time to do something like that. Those guys are way smarter than they let on.

Also... remember the psychology behind the head and shoulders that guy mentioned in this thread earlier. That psychology will drive this head and shoulders to happen if we drop down enough in this bear market.

If the whales sell everything right now... they make damn bear a trillion dollars.

Would you put a trillion dollars in your pocket if you could? I would.
T-Man
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07/21/2021 04:18 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
No way were going back to prices from 8 years ago. i fail to see how that is possible :P
 Quoting: T-Man


So you're saying those don't look similar?
 Quoting: Mr. Cheeze


they do. but not looking at the pics. HOW would that be possible?? the market cap was 6 billion 7 years ago. Coinmarketcap doesnt even go back 8 years lol

how, where would all the money go? would everyone (literally everyone!!) just give up on crypto for that to happen?
 Quoting: T-Man


Well... you underestimate how many coins the whales have. You also underestimate how much the us dollar index is about to go batshit crazy up. The dollar is going to go crazy up for 4 years. This will kill assets.

I dunno man. I know how crazy it sounds. I really do.

Did you see the post about the co-founder of ethereum selling literally every bit of crypto he had including all ownership of ethereum?

It would be the perfect time to do something like that. Those guys are way smarter than they let on.
 Quoting: Mr. Cheeze


I didnt see the ethereum thing. seems fishy :-S

the dollar going up meaning inflation? or the dollar actually becoming worth more?

idk. interesting times to say the least

specially this week. the gray scale bitcoin release, the xrp sec thing this week, the B word event, that one financial woman that doesnt like cryptos and wants clarification this week. it could go either way really.
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07/21/2021 04:20 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
Dollar being worth more so opposite of inflation
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07/21/2021 04:21 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
and remember jeb mccaleb feverishly selling as much xrp as possible every week for the last few years.

He's dumping every week. Even when it was a quarter last year. Every week. He dumped the max every week allowed by his settlement.
T-Man
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07/21/2021 04:52 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
Dollar being worth more so opposite of inflation
 Quoting: Mr. Cheeze


damn and people were hyping up hyper inflation for a few weeks recently.

bro get some sleep tho :P
Tekunda

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07/21/2021 05:03 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
https://imgur.com/a/yXg8Xl5

https://imgur.com/a/yUFJNWV


Someone tell me I'm crazy for thinking these two things look virtually identical in structure. Seriously. Someone prove to me I'm crazy for thinking these are identical. Because if I'm right we're in a giant 8 year head and shoulders and we are at the head right now.

Which is unfuckingbelievable if i'm right.
 Quoting: Mr. Cheeze


Wouldn't that mean with the head in place that ETH has reached its ATH for many years to come, because if its really a multiyear head and shoulders pattern the head basically is the ATH for many more years until this pattern is broken?
pool
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07/21/2021 05:05 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
No way were going back to prices from 8 years ago. i fail to see how that is possible :P
 Quoting: T-Man


So you're saying those don't look similar?
 Quoting: Mr. Cheeze


I've just gotta throw this out there, my finance fellow on the 19th liquidated 20% of a 'GEM' & 30% of an 'IRA', causing my portfolio to drop from 23% returns to 19+%. wtf

something is amiss.
I hope that LIFE hasn’t discouraged you – it is meant to encourage you to do it right.
Tekunda

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07/21/2021 05:09 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
No way were going back to prices from 8 years ago. i fail to see how that is possible :P
 Quoting: T-Man


So you're saying those don't look similar?
 Quoting: Mr. Cheeze


they do. but not looking at the pics. HOW would that be possible?? the market cap was 6 billion 7 years ago. Coinmarketcap doesnt even go back 8 years lol

how, where would all the money go? would everyone (literally everyone!!) just give up on crypto for that to happen?
 Quoting: T-Man


Well... you underestimate how many coins the whales have. You also underestimate how much the us dollar index is about to go batshit crazy up. The dollar is going to go crazy up for 4 years. This will kill assets.

I dunno man. I know how crazy it sounds. I really do.

Did you see the post about the co-founder of ethereum selling literally every bit of crypto he had including all ownership of ethereum?

It would be the perfect time to do something like that. Those guys are way smarter than they let on.

Also... remember the psychology behind the head and shoulders that guy mentioned in this thread earlier. That psychology will drive this head and shoulders to happen if we drop down enough in this bear market.

If the whales sell everything right now... they make damn bear a trillion dollars.

Would you put a trillion dollars in your pocket if you could? I would.
 Quoting: Mr. Cheeze


But who are the buyers? This is the question I always ask myself in such a scenario. In order for the whales to make a trillion they need the buyers of their dumped coins.
With the sentiment already so negativ and the fear index being so high, if the whales sell a trillion they need the buyers to buy up a trillion. So who are these crazy buyers who buy up the huge amount of whales coins?
T-Man
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07/21/2021 05:53 AM

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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
...


So you're saying those don't look similar?
 Quoting: Mr. Cheeze


they do. but not looking at the pics. HOW would that be possible?? the market cap was 6 billion 7 years ago. Coinmarketcap doesnt even go back 8 years lol

how, where would all the money go? would everyone (literally everyone!!) just give up on crypto for that to happen?
 Quoting: T-Man


Well... you underestimate how many coins the whales have. You also underestimate how much the us dollar index is about to go batshit crazy up. The dollar is going to go crazy up for 4 years. This will kill assets.

I dunno man. I know how crazy it sounds. I really do.

Did you see the post about the co-founder of ethereum selling literally every bit of crypto he had including all ownership of ethereum?

It would be the perfect time to do something like that. Those guys are way smarter than they let on.

Also... remember the psychology behind the head and shoulders that guy mentioned in this thread earlier. That psychology will drive this head and shoulders to happen if we drop down enough in this bear market.

If the whales sell everything right now... they make damn bear a trillion dollars.

Would you put a trillion dollars in your pocket if you could? I would.
 Quoting: Mr. Cheeze


But who are the buyers? This is the question I always ask myself in such a scenario. In order for the whales to make a trillion they need the buyers of their dumped coins.
With the sentiment already so negativ and the fear index being so high, if the whales sell a trillion they need the buyers to buy up a trillion. So who are these crazy buyers who buy up the huge amount of whales coins?
 Quoting: Tekunda


Que tonight's bitcoin event with Elon :P
retail investors will pay as always.
Tekunda

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07/21/2021 06:03 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
...


they do. but not looking at the pics. HOW would that be possible?? the market cap was 6 billion 7 years ago. Coinmarketcap doesnt even go back 8 years lol

how, where would all the money go? would everyone (literally everyone!!) just give up on crypto for that to happen?
 Quoting: T-Man


Well... you underestimate how many coins the whales have. You also underestimate how much the us dollar index is about to go batshit crazy up. The dollar is going to go crazy up for 4 years. This will kill assets.

I dunno man. I know how crazy it sounds. I really do.

Did you see the post about the co-founder of ethereum selling literally every bit of crypto he had including all ownership of ethereum?

It would be the perfect time to do something like that. Those guys are way smarter than they let on.

Also... remember the psychology behind the head and shoulders that guy mentioned in this thread earlier. That psychology will drive this head and shoulders to happen if we drop down enough in this bear market.

If the whales sell everything right now... they make damn bear a trillion dollars.

Would you put a trillion dollars in your pocket if you could? I would.
 Quoting: Mr. Cheeze


But who are the buyers? This is the question I always ask myself in such a scenario. In order for the whales to make a trillion they need the buyers of their dumped coins.
With the sentiment already so negativ and the fear index being so high, if the whales sell a trillion they need the buyers to buy up a trillion. So who are these crazy buyers who buy up the huge amount of whales coins?
 Quoting: Tekunda


Que tonight's bitcoin event with Elon :P
retail investors will pay as always.
 Quoting: T-Man


But wouldn't that mean that retail investors are an absolutely stupid bunch if in a situation, where fear dictates, they buy up the billions upon billions of the coins the whales dump on the market?
I don't know.
Couldn't it be possible that the whales run a risk destroying the prices for good if the whales do not find enough buyers for their dumped coins by driving the prices almost down to "worthless"?
T-Man
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07/21/2021 06:09 AM

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...


Well... you underestimate how many coins the whales have. You also underestimate how much the us dollar index is about to go batshit crazy up. The dollar is going to go crazy up for 4 years. This will kill assets.

I dunno man. I know how crazy it sounds. I really do.

Did you see the post about the co-founder of ethereum selling literally every bit of crypto he had including all ownership of ethereum?

It would be the perfect time to do something like that. Those guys are way smarter than they let on.

Also... remember the psychology behind the head and shoulders that guy mentioned in this thread earlier. That psychology will drive this head and shoulders to happen if we drop down enough in this bear market.

If the whales sell everything right now... they make damn bear a trillion dollars.

Would you put a trillion dollars in your pocket if you could? I would.
 Quoting: Mr. Cheeze


But who are the buyers? This is the question I always ask myself in such a scenario. In order for the whales to make a trillion they need the buyers of their dumped coins.
With the sentiment already so negativ and the fear index being so high, if the whales sell a trillion they need the buyers to buy up a trillion. So who are these crazy buyers who buy up the huge amount of whales coins?
 Quoting: Tekunda


Que tonight's bitcoin event with Elon :P
retail investors will pay as always.
 Quoting: T-Man


But wouldn't that mean that retail investors are an absolutely stupid bunch if in a situation, where fear dictates, they buy up the billions upon billions of the coins the whales dump on the market?
I don't know.
Couldn't it be possible that the whales run a risk destroying the prices for good if the whales do not find enough buyers for their dumped coins by driving the prices almost down to "worthless"?
 Quoting: Tekunda


How many people started buying crypto after the news said new all time highs were reached?

idk, all of this is weird to me and open to speculation and manipulation. c'est la vie.

as i understand it now, pretty much everyone that buys during the head/shoulders thing (except for day traders in the second shoulder) are paying the price.

i dont understand most of these things. like once BTC etc crashes and people like Cheeze and myself start shorting it, we potentially make huge profits while the entire market is crashing. where does that money come from? youd think shorting anything is bad karma for sure... and to me it feels like something thats really bad for the markets, but its money.

ive always wondered about this with Forex too. i make a profit out of what seems thin air, but in reality someone else is paying for it. right? lol

does the leverage simply mean were robbing several people at once? i mean its not robbing if they bet on the opposite result, but you get the idea.

(disclaimer ive had way too much coffee again)
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07/21/2021 08:19 AM
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Re: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
https://imgur.com/a/yXg8Xl5

https://imgur.com/a/yUFJNWV


Someone tell me I'm crazy for thinking these two things look virtually identical in structure. Seriously. Someone prove to me I'm crazy for thinking these are identical. Because if I'm right we're in a giant 8 year head and shoulders and we are at the head right now.

Which is unfuckingbelievable if i'm right.
 Quoting: Mr. Cheeze


Wouldn't that mean with the head in place that ETH has reached its ATH for many years to come, because if its really a multiyear head and shoulders pattern the head basically is the ATH for many more years until this pattern is broken?
 Quoting: Tekunda


Yes it would signify were entering a 4 year ultra bear market... exactly like I've theorized earlier in here.





GLP