A big hello to the XRP army out there! This chart is for you.
The chart speaks for itself. It is a direct comparison of the previous 2017 Megabull versus the current action and as you deduce, the setup is pretty much similar: XRPBTC is breaking out past the top of the blue falling wedge signaling a bull reversal of the entire bear market. Confirmation of this break out and bull reversal will come with a daily close at 0.00003170~.
Once we get that confirmation at 0.00003170 then XRPBTC could make its 30,000% move up to 0.00018-0.00022 if were lucky enough where I would look to sell at least 50% back to Bitcoin if all goes as expected. I am already fully loaded from the lower levels and been waiting patiently for this setup since last week.
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Best of luck and happy trading! Carl M.
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Refer to my previous published idea if your looking for XRPUSD
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Guys, XRPBTC is acting as a hedge against the Bitcoin bear trend and is ready to rally towards the final top at 0.0002~ by mid June