
pitachio7712
@t_pitachio7712
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pitachio7712
Taking advantage of market conditions

Taking advantage of market conditions This morning I liquidated less than 1% of my XRP Position in anticipation of this trade setup, Under the pretext of a Bull market the Ascending Triangle suggests a continuation in upwards price action. it is important to note that the formation of this triangle pattern holds the same bullish sentiment in ranging and bear markets. It's been a few weeks since summary judgement has been granted in the Ripple Lawsuit. The outcome was positive for Ripple the company and also The XRP Token. I expect macroeconomic factors to influence the Price of XRP negatively in the Coming Months, but the increase of trading volume has been undeniable. looking for one more buy in at .53

pitachio7712
Looking at The Big Picture

Looking at The Big Picture There's Blood in the market. we need to remember that during the 2021 Crypto Bull Market XRP did NOT make a new all-time high. we need to consider these traders who have been bleeding out ever since they bought XRP above $1.00 in 2021. people are lined up to sell you XRP. I'm expecting sustained and exceptional growth in trading volume for XRP, The only Digital Token By law with regulatory Clarity.

pitachio7712
psychology of a trader

psychology of a trader Let's talk about risk to reward ratios, in the Securities and Exchange Commission's lawsuit against Binance ADA is directly named as an unregistered security. there were plenty of other big names listed but I know Charles. He believes in the technology. You can see that through the hundreds if not thousands of hours of YouTube videos he's made on this subject. depending on litigation ADA could go much higher than $4.50 but that's why I'll be out before $5

pitachio7712
Price Action Analysis

As the Digital Asset investor would say, Folks. Volume Spikes + Constricted Bolinger Bands + Green Candles + Imminent Conclusion of SEC Lawsuit You tell me what all these things amount to.

pitachio7712
How low can you go?

Using historical price data we can speculate on potential reversals in price action. Price Trends have Three Directions, They trade upwards, They trade Downwards and We can't Forget that Markets trade Sideways. Market Gurus are always hopeful for upwards trends. You may have heard the term "crypto winter" but realize that before Summer comes Spring. No matter what Bitboy Crypto Says on YouTube its foolish to expect a volatile Downtrending market to immediately Transition into a Volatile Uptrending market. Consolidation Periods play an important role in healthy financial markets, maybe if Caroline Ellison Practiced proper Technical Analysis FTX wouldn't have gone Bust. Expect Further Downside and more over leveraged players to get margin called.

pitachio7712
Classic Double Bottom

classic double Bottom formation spotted in XRP's price action. might be your last chance to get in at .40!

pitachio7712
Bearish flag

Bearish flag signals continuation of downward price action, price target was set based off of fib extension levels.

pitachio7712
Diamond in the rough

The Digital Asset XRP is in a unique position compared to the rest of the market, The SEC's Lawsuit against Ripple Labs promises Clarity for the token once litigation is completed. Regulatory Clarity For XRP Will Be a Catalyst for Bullish Price action. Any Price Point bellow the 200 EMA is a bargain.

pitachio7712
A long way to the bottom.

Elon musk bought in at what price? Don't let Michael Saylor fool you either, they are not Certified Market Technicians! Market Sentiment is meaningless in the face of fundamentals. Lets consider this basic principle of investment, is your Money working for you while you sleep? I might have seen 1000 advertisements for Bitcoin over the past year but that doesn't mean it produces anything. Bitcoin Solves no Real world problems.

pitachio7712
Buy signals

Fundamentally vechain is the best risk option to get invested into emerging asian economies. the strength of this asset is not dictated by "decentralization" blockchain technology has a wide variety of use cases. can you imagine a future with no salmonella outbreaks? I can. https://www.coindesk.com/tech/2020/09/18/vechain-to-supply-blockchain-tech-for-chinese-food-safety-group-that-includes-mcdonalds/
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.