https://www.tradingview.com/x/54jUV6ro/
This marks the 2nd post of the ‘Three Reasons’ series. The posts will alternate – a bullish outlook for a particular blockchain project followed by a bearish. Three is an estimate of convenience only. These posts are intended to be brief expressions of my opinion on particular cryptocurrencies and are not exhaustive in detail.
3 Reasons – I Remain Long-term Bearish on XRP
Aside perhaps for Bitcoin Cash, few other crypto projects are as mired in controversy and competing camps as XRP. The entrenched divide between those who revile and those who embrace the XRP narrative has served to muddy the waters
Tag: steempress
3 Reasons – I Remain Long-term Bearish on XRP
https://www.tradingview.com/x/54jUV6ro/
This marks the 2nd post of the ‘Three Reasons’ series. The posts will alternate – a bullish outlook for a particular blockchain project followed by a bearish. Three is an estimate of convenience only. These posts are intended to be brief expressions of my opinion on particular cryptocurrencies and are not exhaustive in detail.
3 Reasons – I Remain Long-term Bearish on XRP
Aside perhaps for Bitcoin Cash, few other crypto projects are as mired in controversy and competing camps as XRP. The entrenched divide between those who revile and those who embrace the XRP narrative has served to muddy the waters
3 Reasons – I Remain Long-term Bearish on XRP
https://www.tradingview.com/x/54jUV6ro/
This marks the 2nd post of the ‘Three Reasons’ series. The posts will alternate – a bullish outlook for a particular blockchain project followed by a bearish. Three is an estimate of convenience only. These posts are intended to be brief expressions of my opinion on particular cryptocurrencies and are not exhaustive in detail.
3 Reasons – I Remain Long-term Bearish on XRP
Aside perhaps for Bitcoin Cash, few other crypto projects are as mired in controversy and competing camps as XRP. The entrenched divide between those who revile and those who embrace the XRP narrative has served to muddy the waters
Ripple – we need to talk
I’ve often said that I don’t like Ripple, which is an understatement. But people have their biases and for all you know I might not have a legitimate reason for feeling that way. I need to tell you why I don’t like Ripple. I need to warn you about the wolf in sheep’s clothing. We need to talk.
Perhaps I should have written this long ago, but it just never seemed like a priority before now. Recent events have changed that, making it high time that I write this blog post. You need to read it if you are not clued
Everyone all bullied up yet? $AAPL Bounces, $FB Bounces…
The Bulls are back baby! You can feel it in the air. Big Momma $AAPL reported earnings on Tuesday with a BEAT (disregard the lowered guidance that tanked the stock in early Dec/Jan) and now $FB has come through with a BEAT (disregard the Daily active users not changing as a percentage of monthly users for NINE CONSECUTIVE QUARTERS lol.
The SPX has rallied off the lows and has had one of the greatest starts to a year in recent history.
My advice is to sit and wait here. The EASY money has been made. Yes, we have V-shaped up but now
BITCOIN – Margine shorts buildup
Almost tested the previous big triangle bottom then it selloff. On 4hr chart, might do lower highs testing the resistance then sell off again to test channel bottom again. Margin shorts building up again.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :130
Total marketcap :113
Dominance :53.3
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
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#### Dark
Crypto Contest January 31: Ripple
Ripple (Binance: XRPETH) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Ripple began a wave one advance on August 8, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 19, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 5 this year. If this wave count is correct, Ripple should be heading next towards the December 19, 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the weekly chart, I believe Ripple is currently in the red
Forex Price Action Baby, No Technicals or Fundamentals…Trade #1 – Sold AUD/CHF
10,000 Foot View – 4 Hr Chart
Zooming In
What I like about the zone is price left the zone, pulled back and barely penetrated the zone (green circle), then dropped more than 200 pips from the zone, denoting sellers right above. The white rectangle represents filled orders and if the trades works outs, price should be able to get to at least the orange arrow.
Price then returned and approached the zone very quickly. I happened to be in front of the computer, so I watched the price action before entering the trade. I was specifically looking for price to break down
My photography – Meribel, France.
This is a test post to steemit from scripsio using SteemPress

Analogue print scanned on Epson perfection V800 scanner.
Bitcoin Long-term (31 Jan)
I’ve been promising an update to the long-term BTC chart since my BTC post of 10 January. Here it is.
The last time that I did a proper long-term look at BTC was when I looked tried matching the Fib levels of the 2014 bear market with those of the 2018 bear market, about 2.5 months ago.
For what it’s worth i think that I did a fairly decent job in that post, concluding that:
– $6069 may be a realistic post-capitulation consolidation level .– $3230 is a possible bottom for the 2018 bear market.– $3206 is also a possible bottom for









