Richard Temple
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TA | Market Thoughts

Owner: @Richardily

Twitter: https://twitter.com/Temple_Crypto
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🍁 #BTC A flat pattern has formed on the chart. Usually, the longer the flat persists, the stronger the impulse later.

I have drawn the boundaries of the flat. Also marked the targets that might be reached by price when we see a true breakout of one of its bounds.

https://twitter.com/Temple_Crypto/status/1675777986971443200
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🍁 #BTC Yesterday's performance absorbed at least the last month. But that's just the minimum. It exceeds the absorption of the last year. Definitely a bullish sign.

https://twitter.com/Temple_Crypto/status/1676142579283546117
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🐀 I have some great news! I now know how to get $EGO tokens from the Paysenger project @Ego_Paysenger! Soon, they will be available on a range of exchanges!

Paysenger.com is a platform that connects content creators and their audience, and this project promises to revolutionize their interaction. Here you will find many well-known figures from the crypto world, such as @AltcoinDailyio and @Eljaboom.

The project is supported by Polygon and has been verified by the ConsenSys accelerator. Paysenger already has over 500 000 users before listing, which is a testament to its potential. I am confident that $EGO has tremendous prospects!

Most importantly
, you can participate in a contest to receive an allocation! Simply follow the instructions by clicking on this link.

Don't miss the listing date - July 6th, 10 AM UTC. Take part in the contest and stay tuned for Paysenger news.

Links: Website, Twitter, Telegram.
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🍁 #BTC I am showing how to find a setup for long position. Chance of success with all conditions met = 90%.

https://twitter.com/Temple_Crypto/status/1676538616754102274
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Richard Temple
🐀 I have some great news! I now know how to get $EGO tokens from the Paysenger project @Ego_Paysenger! Soon, they will be available on a range of exchanges! Paysenger.com is a platform that connects content creators and their audience, and this project promises…
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VIEW IN TELEGRAM
🐀 The #EGO token will soon be traded on the Bybit and Kucoin exchanges! Listing date - July 6th, 10 AM UTC.

So what makes
#EGO so interesting? Let's compare it with another project, Socialfi.

#PRIMAL, also on Bybit and Kucoin exchanges, had a successful IDO on Dao Maker. It has a market cap of $2.5 million with 1 million users involved in just 6 months. Impressive! However...

Let's compare it with Paysenger. Although the #EGO project has not yet launched on exchanges, it already can boast 500,000 users, and its initial market capitalization is $392,000. This indicates extreme growth potential and future success for the Paysenger.

So don't miss the opportunity to get an allocation of #EGO with a contest, where you only need to fulfill 3 conditions:

β€’
Register in the Telegram Bot.
β€’ Add your BEP-20 wallet address.
β€’ Subscribe on the channel and chat.
Richard Temple
🍁 #BTC I am showing how to find a setup for long position. Chance of success with all conditions met = 90%. https://twitter.com/Temple_Crypto/status/1676538616754102274
🍁 #BTC While the price is below support, I will show how to trade in the same situation but in short.

In this case, I'd calculate the chance of success to be 80%! This is because the entry is not based on the continuation of the local movement but rather on a local reversal.

https://twitter.com/Temple_Crypto/status/1676593501050486787
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Richard Temple
🐀 The #EGO token will soon be traded on the Bybit and Kucoin exchanges! Listing date - July 6th, 10 AM UTC. So what makes #EGO so interesting? Let's compare it with another project, Socialfi. #PRIMAL, also on Bybit and Kucoin exchanges, had a successful…
🐀 I've got some exciting news for today! Today is the big day when the #EGO makes its debut on the Bybit and KuCoin exchanges at 10:00 AM UTC.

Oh, and here's a friendly reminder to participate in the simple Giveaway hosted by Paysenger. Trust me, you wouldn't want to miss out on the chance to win $5,000 worth of $EGO and experience the listing pump.
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Richard Temple
🐀 I've got some exciting news for today! Today is the big day when the #EGO makes its debut on the Bybit and KuCoin exchanges at 10:00 AM UTC. Oh, and here's a friendly reminder to participate in the simple Giveaway hosted by Paysenger. Trust me, you wouldn't…
🐀 #EGO Has listed greatly! However, it is now trading not at great x's, but rather at a confident +40%. I didn't sell at this price, and I won't. Furthermore, if it dips below, I'll buy more at $0.06, as that is the public sale price.

With Dao Maker's very strong partners, the price should only go up!

Oh, and here's a friendly reminder to participate in the simple Giveaway hosted by Paysenger!
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Richard Temple
🍁 #BTC I am showing how to find a setup for long position. Chance of success with all conditions met = 90%. https://twitter.com/Temple_Crypto/status/1676538616754102274
🍁 #BTC Congrats to those of you, who followed my instructions and made a trade! Even if you attempted to open a short position before going long, your loss should be covered with a surplus!

https://twitter.com/Temple_Crypto/status/1676924028521709568
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πŸ’§Another project I am investing in is PATEX. It is the largest blockchain ecosystem in Latin America!

PATEX
was developed by C-Patex, the first local Web3 company. The components of this ecosystem are impressive:

β€’ Patex Network - a second-layer blockchain based on Ethereum, with the main token being $PATEX.
β€’ C-Patex - one of the first cryptocurrency exchanges in Latin America, which started supporting CBDC.
β€’ Patex Campus - an educational platform that helps gain knowledge in blockchain technologies.

The PATEX team consists of the professional team descending from Binance, Huobi, and KuCoin. Led by the experienced Ricardo Da Ros. They have experience in the creation of successful projects! Moreover, PATEX has already received confirmation from major launchpads and exchanges.

To stay up to date about the latest updates and be the first to know about astonishing announcements, follow the project's channels: Twitter, TG channel, TG chat.
Richard Temple
🍁 #BTC A flat pattern has formed on the chart. Usually, the longer the flat persists, the stronger the impulse later. I have drawn the boundaries of the flat. Also marked the targets that might be reached by price when we see a true breakout of one of its…
🍁 #BTC The price fell indeed, but it is still within the channel. If it manages to hold the support, we'll remain there for a little longer.

A breakdown of the support downwards, I remind you, could lead to a decrease to $28k - $27k!

https://twitter.com/Temple_Crypto/status/1677272838141792257
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🍁 #BTC Guys, for those who can't wait any longerβ€”hold on a little bit more!

Just wanted to note that all the recent sideways moves have been Β± the same as the current one today!

https://twitter.com/Temple_Crypto/status/1678338444349820930
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πŸͺ¨ #SOL While the price of Bitcoin is in a sideways trend, I'm trying a long position here on $SOL/$BTC. The price is being compressed to a descending resistance level & there is also a reclaim of the previous low.

The risk-reward ratio suits me nicely.

https://twitter.com/Temple_Crypto/status/1678694789125128192
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🍁 #BTC In the Wyckoff distribution phase?

Let's dive in: Currently, we have everything that ought to be in place up to the UTAD point.

β€’ Impulsive growth before distribution.

β€’ PS (Previous Support) - where the preliminary market offer appears after impulsive growth.

β€’ BC (Buying Climax) - where buyers reach the peak of their activity.

β€’ AR (Automatic Reaction) - where the price establishes the lower bound of the cycle.

β€’ ST (Secondary Test) - where we can see a retest of resistance from BC.

β€’ UT (Upthrust) - a false breakout/fakeout of resistance where sellers push the price back to support immediately.

And the cherished UTAD (Upthrust After Distribution), where the price finally breaks resistance but still ends up going down inside the channel. Within the channel, it has nowhere else to go but down, towards support, and there is no potential for a reversal from support. Therefore, the price continues to move downward.

https://twitter.com/Temple_Crypto/status/1679807762560331776
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Richard Temple
🍁 #BTC In the Wyckoff distribution phase? Let's dive in: Currently, we have everything that ought to be in place up to the UTAD point. β€’ Impulsive growth before distribution. β€’ PS (Previous Support) - where the preliminary market offer appears after impulsive…
🍁 #BTC I want to explain it in a simpler terms. The weekend is coming soon. But we shouldn't worry about what will during that time. Instead, we should pay attention to where the session closes on Monday β€” that will set further priorities:

Should we close near resistance, we'll go for a breakout. However, if the closing price remains within the channel, we will go downward by distribution.

To simplify it even further:

β€’ Price in the black rectangle - upward.
β€’ Price in the red rectangle - downward.

https://twitter.com/Temple_Crypto/status/1679831086950653952
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Richard Temple
🍁 #BTC I want to explain it in a simpler terms. The weekend is coming soon. But we shouldn't worry about what will during that time. Instead, we should pay attention to where the session closes on Monday β€” that will set further priorities: Should we close…
🍁 #BTC Happy Monday, everyone! As of now, $BTC has spent the entire weekend within the lower boundary of the rectangle, and Monday began with a drop below it.

It's risky to long at the moment. But if the price can move up into the zone above the flat, it might be worth considering a long position with a target of $31250.

If the price breaks $31250 and manages to stay above it, the priority will shift to an upward trend, with the targets of $32k to $33k.

However, currently, our focus is downward. A breakthrough below the flat's support would lead to a decline towards $29k to 28k.

https://twitter.com/Temple_Crypto/status/1680893790884868097
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Richard Temple
🍁 #BTC In the Wyckoff distribution phase? Let's dive in: Currently, we have everything that ought to be in place up to the UTAD point. β€’ Impulsive growth before distribution. β€’ PS (Previous Support) - where the preliminary market offer appears after impulsive…
🍁 #BTC In the distribution, another SOW has emerged. This was expected, but the price was carefully held back from further decline. Afterward, the price reversed back up into the zone above the support levels.

Most likely, we'll see a new UT within the distribution, after which the price will likely plummet downwards.

However, no matter what happens, if the price drops to $29500, we can confidently forget about a new UT. After LPSY (Last Point of Supply), the path is only downwards.

https://twitter.com/Temple_Crypto/status/1681974749189255169
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