XRP Bullish Scenerio
2025-01-12
Category: None

It has been quite some time since I have posted something on here. I have learned a lot from the community here as well as years of being in the trenches failing over and over again. 

When I finally broke even, I stopped posting and I just continued trading. This was a poor decision because I have abandoned the very community that has helped me develop my education and mentored me. I have been spending time on making some videos that explain the process I went through to become a profitable trader. I will also be posting on here more often to articulate what decisions help me develop a bias and some examples of the trades I execute. 

As for this post, I have developed a bias that we will soon close above the price marked on the chart with a horizontal line. Why? Because we are in a range bound environment or what some may call "accumulation". 

From the Macro point of View, we are currently in an uptrend. Which is why believe when wee do break out of this range, it will be towards the upside. 

Remember, it of course can go the other way, and we are all wrong at some point. Enjoy being wrong as much as you are right. The only stress is the stress you put on yourself. 

Try not to seek perfection in this game. Just use good common sense and make clear and fair judgement. 

This is the end of my rant. More to come soon.

-The Butcher