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Monday, October 04, 2021

XDC Update - Weekly Stochastic RSI Cross!

XDC Update - Weekly Stochastic RSI Cross!

XDC / Dollar BITFINEX:XDCUSD

Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!

People are so focused on the hourly/ daily timeframe that they get emotional on every dip! Take a step back to the weekly/ monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!

You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling

Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!

Facts:
1. Stochastic RSI - during the start of the bull market, when K (Blue line) cross over D (Red Line), we 2x-28x. We crossed again! Awaiting over 20 LEVEL for confirmation!
2. RSI - We have been bouncing the trendline for 2 years! Highly oversold on the weekly chart!
3. Look up ISO 20022! Will be used in the future! Fundamentally strong!

Buy Target:
Target 1: Support level: 0.11
Target 2: 0.08 - 0.12 (Corresponds between the 0.382 and 0.618 Fibs)

Sell Targets:
Target 1: 0.52 (corresponds to the 3.618 Fib)
Target 2: 0.61 (corresponds to the 4.236 Fib)

*Not financial advice* but a 10k investment can turn into $50k+ in just a few months!

"If you can't beat the fear, do it scared!"

"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

"Show me the charts, and I'll tell you the news." - Bernard Baruch

"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."

"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"



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