loaibak90's Profile | Binance Square

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It's true that I almost lost my edge with my analysis, but in the end, it hit after waiting 12 hours. Stay tuned for my next trade #xrp #zecash @ZEC #zec

XRP-0.63%

ZEC-4.13%

loaibak90

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Bullish

What I mentioned in the last post based on the symmetrical breakout strategy is correct, but the strange manipulation before the launch is odd. Tell me, what do you expect?

#xrp #BTC #ZECUSDT @XRP

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Don't miss the opportunity

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Second prediction

If the candlestick closes below the yellow line on the chart and at the same time on the RSI indicator
As shown in the following image

#pixel $PIXEL #xrp #ZECUSDT @XRP #BTC

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Predictions for #xrp for next week

Today, Sunday, is going to be crucial in determining what happens next week, and here are the predictions.

Prediction one: We've broken an upward trend, but we're waiting for confirmation. If the yellow danger zone on the chart and the RSI indicator gets breached, it will be a fantastic buy opportunity, as illustrated in the image.

Prediction two in the next post 👈👈
#pixel $PIXEL #xrp #ZECUSDT @XRP #BTC

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#pixel $PIXEL

Don't trade on Saturdays and Sundays

The reason is that even if your strategy is strong, you'll find it failing not because of bad technical analysis but due to low volatility.

You'll notice that the price moves slightly and then reverses against your position, and the Bollinger Bands will show you that.

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This is what happened to me today with #xrp

I wrote a post about the symmetry strategy yesterday and explained it; you can check it out on my account. Here’s the snapshot I attached to the post 👇

On the left was yesterday's trade, and you can verify it yourself on the #xrp candlestick chart.
After that, I explained a sell order under the same conditions if the yellow danger zone on the chart and the indicators broke down. However, the market had other plans; it didn't break down and instead met the same conditions but went up, giving me an easy buy order as you'll see in the attached image.

XRP-0.63%

PIXEL+2.06%

loaibak90

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Now a trade in 4 minutes on coin #xrp using the same strategy I explained in the previous post, don't miss it
#pixel $PIXEL

And don't miss the available opportunities on coin #ZECUSDT

I posted an article regarding trends, make sure to read it because it will change your perspective on determining the trends.

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Article

Symmetrical Breakout Strategy on XRP

Indicators: RSI - volume
Timeframe: 1 hour
When you spot support or resistance zones, draw equivalent levels on the RSI and volume. If a line breaks with a single candle close across all indicators, jump in and set your target at the nearest support or resistance, as they can’t take on too much risk, just like shown in the picture. Trade from yesterday, and I'm waiting for today's trade; it’s also an opportunity for you.

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How to Identify Trends (Part One: The Best Use of Averages)

How to Identify Trends (Part One: The Best Use of Averages)
From my perspective, this is the best way for traders to use averages; they aren't a strategy per se, but they give you a feel for the current market situation and help you make decisions.
Step One: We load 5 averages for the following uses:

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A strong signal that can be added to your strategy

No matter what your technical analysis strategy is, make your entry with a candlestick that closed with a range larger than the last two candles before it. Then, draw the same level of those candles on the RSI indicator; if the price break aligns with a break in the indicator, that's a strong signal and a high-accuracy entry point. Let me give you an illustrative example of that:

"You can use this method as an additional condition to enhance your own strategy, but don't rely on it as a standalone strategy."

BTC-0.52%

XRP-0.63%

ZEC-4.13%

loaibak90

This is what happened to me today with #xrp

Symmetrical Breakout Strategy on XRP

How to Identify Trends (Part One: The Best Use of Averages)

A strong signal that can be added to your strategy

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