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REPORT ABUSIVE REPLY
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Message Subject
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XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
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Poster Handle
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JJ Johns |
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Post Content
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https://imgur.com/a/FsMgv96 When you are longing or shorting, you are looking for moments in time where the asset shows strong support or strong resistance. This is the type of thing you look for. I found it with a complicated chart pattern, the descending triangle. But you can find moments like this without a fancy chart pattern. All you need to use is support/resistance theory. The daily candle close are the best supports. Well weekly are the best. But they are rare. Daily are more common and still pretty good. that pattern, at quick glance, looks like a head and shoulders pattern, or almost one. didn't look close enough to even see which chart (4hr, daily...). : edit, then again, i may have spoke too soon, and probably need glasses. the gaps/lows between the head and shoulders... need my glasses and need closer viewing. headed to tradingview to see... ok, the daily...
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