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hanzeholdinworth
Apr 25, 2017 5:57 AM

XRP: OBELISK FALLEN Long

XRP / BitcoinPoloniex

Description

The Ripple(XRP) obelisk was risen on Apr 2. As banks attempt to reposition themselves competitively in the new crypto space. But a structure that size needs foundation or it will topple , and topple it did. Now to get it back up again in the direction it's going - well there's 2 options, and the foundations or fundamentals are in place for either to occur.

1. The forces making the tripod to pull the structure back up are going to lift it on its head right here, so we may see a sudden surge upward right now, but we can expect another quick drop since obviously Obelisks aren't designed to stand upside down.

2. The longer and more realistic path is to use rotational force, and bring the base around closer to where the tripod stands now. This is much more boring but probably the option of choice for long term holders.

Either way, it seems reasonable the force behind needed to move or lift the obelisk are in place - you can pass the variables into the formula if you want. I'd be interested to hear what inputs you have for the vars. The question here is whether the lessons are learned from the last erection have been will determine whether we see sustained growth or another topple.

Comment

Here's an idea of placement if we get some horizontal rotation of the Ripples' obelisk.

Comment

Self explanatory what is happening here. Pentagonal shift confirmed. The phi gods have spoken, but do you listen?
Comments
idontknowwhat
There is also the possibility of a LTC-type 2 FOMO-induced wormhole causing a sudden rise. If we follow well known quantum mechanical structures, a wormhole may form sporadically - although the the possibility is quite small. Actually an LTC type 2 FOMO wormhole arised earlier this month, however due to the poloniex flux capacitor lacking the required power, it was not fully realised - thus scaring off investors (that being said, this kind of wormhole generally results in a drop anyway - but a recovery to the original wormhole structure has not been made yet.) Hopefully with the improved flux capacitor, the target price can be fully realised in time.
hanzeholdinworth
@JackMush, Yes although quite a small possibility we must not rule out sporadic LTC-type-2 fomo-induced wormholes :D
ApjProgrammer
how can we draw this . is it drwan on trading view or some other software ?
hanzeholdinworth
@ApjProgrammer, Trading View. But before you unlock the potential of the outer tools, you must first unlock the inner vision.
A.C.
That is the best "something" I have ever seen...keep up the good work!
hanzeholdinworth
@a.C., Thank you :)
bdhchtt
Everyone knows that he will grow up. The question is when?
hanzeholdinworth
@bdhchtt, Just after I said it would
Spofas
I see it. It's clear as day.
captrade
imho needs more accurate fib circles like @Coinsidering but very strong analysis none-the-less
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