@Bobby_1111888@Bobby_1111888 Like I said... Capitulation is likely here now that most bullish influencers have given up calling the bottom and are instead telling people to dca with money that most do not have anymore. Sentiment is really bad
@Bobby_1111888@Bobby_1111888 Respectfully, here are my updates on my previous analysis. I would like to see 1) fed restart massive QE or 2) a mass fear event along with a liquidity grab to mark the bottom. We are definitely near oversold and it's a reasonable place to add long term bids rn.
@Optimus_191@BCBacker The bear trend is your friend until its broken. Good news while rallying is usually a sell the news event during a bear market and bad news while crashing is usually a buy the news event during a bull market. Influencers declaring victory while under resistance levels. Good luck!
@KingPinXRP@BCBacker Bottom was NOT in... I think this is it tho. This is how bottoms feel, not in early Feb where there was literally zero negative crypto catalyst
@floppyx@ChartNerdTA@MoonLamboio It'll have to prove to us by making macro higher lows and higher highs. Until then, we are in a bear trend and are approaching heavy resistance zones that will likely reject XRP. Oversold RSI also doesn't mean its the bottom, as it can make lower low price with bullish divergence
@Bobby_1111888 Bobby, the trend is your friend. We are hitting heavy resistance ahead while in a bear trend. Probability suggests more likely we head downwards even if we have a significant countertrend rally.
@ladytime11@reddit_lies Very paternalistic of you to decide for the child whether they want to live in this society or not. These "mercy killings" because you want to save them from a hard life is similar to telling a homeless guy you're killing them cus their life sucks, without considering their input
@ChartNerdTA Yes we’re rallying into resistance all while many bulls declare victory and post outlandish fractals depicting us going higher. Trend is your friend until it’s invalidated and we are in a clear bear trend. There are multiple resistance levels and moving averages above us to break