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Gone Broke
@gonebroke_
, 4 tweets, 3 min read Read on Twitter
XRP THE STANDARD 😉 I'm of the opinion whales use XRP as a stepping stone when trading BTC.

Whats interesting is the correlation between the two:

#btc #btcusd $btc $btcusd
If we look at whats going on under the hood. W1 STOCH on all top caps including #bitcoin have maxed out. With the exception of XRP.

#btc #btcusd $btc $btcusd
Dial it down to D1 and we see a very similar setup on the RSI. All top caps maxed out (some have a bearish div) and XRP is sitting on the bottom again.

My take on this, longing XRP wouldn't be the worst idea if btc neccs.

#btc #btcusd $btc $btcusd
I guess whats worrying about all of this is the market is sitting in dangerous territory. There's lots of room to drop now everything has topped out on the oscillators.
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More from @gonebroke_ see all

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Gone Broke
@gonebroke_
Not to be a negative nelly 😂 but I feel like we're on the edge the next big global recession. I can't ignore the matching mahosive bear div on the big 5 global markets. Which is interesting since we haven't had one like that since 2008.

#S&P
#DOW
#DAX
Read 7 tweets
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Got Rich FORMERLY Gone Broke
@gonebroke_
1/5 Cause and effect the cornerstone of Wyckoff methodology. Time to get physical, Isaac Newton famously once said ‘For every action, there is an equal and opposite reaction’. With that in mind, let's use it analyse the previous cycles on BTC…
2/5 Aprils accumulation (cause) and markup phase (effect). Accumulation lasted 13days and markup lasted an equal amount of time. NOTE: dropping volume on markup
3/5 Mays distribution (cause) and markup phase (effect). Distribution lasted 26days and markdown lasted 23days. :thonking
Read 7 tweets

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Gary Holland 🇺🇸 ⭐️⭐️⭐️ 🇺🇸
@gholland04
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Gary Holland 🇺🇸 ⭐️⭐️⭐️ 🇺🇸
@gholland04
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MrRevinsky
@Kyruer
I want to create a new THREAD: it will be updated day by day and it will be about all those weird political events taking place in #Russia: mysterious murders, weird accuses against journalists or politicians and no sense statements.
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 Vladimir Uglev, the scientist who took part in the creation of #Novichok and who said that he had no doubt the agent that poisoned the Skripals was made in #Russia (bbc.co.uk/news/amp/world…) is now under police investigation for alleged pedophilia.
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mcm-ct.com
@mcm_ct
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Lets get this, what’ll probably be way more than 80 chart (yes possibly over 100 charts) #mcm_chartstorm going

Since most analysts (except a few great ones) we see on twitter appear to be copping out as mkt has risen, how much all this BULLISHNESS is really in the mkt? $SPX
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Rachel Lee
@LeeR912
Ive been asked to shed some light on my opinion surrounding #xrp and the IMF. We all know the story about #Ripple + Chris Larsen + IMF so we wont go into that again.. lets look at the fundamentals behind why I believe xrp has a greater role to play in the global economy..
Currently the IMF issues what they call SDR (special drawing rights). These are issued to financially troubled nations as a means to provide them with liquidity to help get them out of sticky situations.. The SDR is backed by NOTHING. It has no real value like fiat money.
Since the SDR is backed by nothing & has no real value, the IMF uses a basket of worthless fiat currencies to determine a value for these SDRs. We look around the world today & we see with the US dollar as king, global currencies are unstable..
Read 21 tweets
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mitta Ƀ
@moolaland
why thanks again Cyrii, I'm beginning to blush ☺️here's an update / optimal next move. $BTC USD, 60min, I very much doubt we'll break our close support 6814 / may spring it though, before another push higher, pinkies crossed. #btc tradingview.com/x/qRqsYs0f/
$BTC USD, 60min, wow that's most disappointing. Can someone pls point out what the difference between these two charts are, and why the first chart with the comments contained with its tweet, received just 5 caring likes? #btc tradingview.com/x/ZMuEhFiA/
$BTC USD 60min, notes on chart. if you enjoy the rambles and wish to hear more, give it a like, otherwise, the family is sitting in the car ready to head off and I'll join them 😉 #btc tradingview.com/x/theH0zNY/
Read 12 tweets

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