There is a 409 BTC sell at order .0002 on Binance for XRP put up this morning. Coincidence, or are the whales seeing what I'm seeing? Mind you, the sideways movement between the teal and blue circles might be shortened, and the pattern might be accelerated by the Swell conference, where Bill Clinton and an executive from IMF are set to speak. #XRP #XRPBTC #XRPUSD #Ripple
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Please zoom in on the left-bounded area (the fractal sample) to see for yourself just how accurately this Fractal pattern is playing out so far.
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So far the fractal has been followed about 90%+ perfectly. According to this, we should be seeing ~8450 sats in ~ 5 hours. If this proves to be correct, we all need to start paying much closer attention to this pattern playing out fully, to 20K sats.
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The fractal continues to perfectly outline the current candles. One notable difference is the slight shift down from the curve, but that is to be expected, as perfect image was always unlikely. The fact that ALL major peaks and valleys within the fractal were repeated thus far is a major factor.
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Hey, I see a lot of people suddenly follow this idea today, because of the timing on the chart, I suppose. Anyway - this fractal is not happening. The conference and the news were a dud. Ripple is going back down to $0.45 and likely even lower, thou the bleed might be slow, like after previous bull runs.
Sorry guys, seems like we got dumped on by the whales once again.
@Basil13, Well, I sure hope you are wrong, as I have already taken a long position at 7950
Crypto-Quantum-Fox
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hey, interesting. iam a big fan of fractals. so when is this btc fractal from?? last year we got a big pump right up to the day of swell then BIG dump. ill be closely trading this years one. you think we'll get a repeat here?
BuyPennyCrypto
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@DavidWachowski, this fractal is from the 1st pump on Sep 18. Thus far it fits so perfectly with the current market price - it's a bit uncanny. I feel the flat-line part of it might be shorter-lived than on the graph above, and the pump/dumb will coincide with the Swell conference, like you mention. I think a repeat is a very reasonable assumption, but I'll be watching super closely in case it goes off the rails in either direction.
Crypto-Quantum-Fox
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@BuyPennyCrypto, mmm yeh should be interesting. wish i could trade it properly but im stuck on a fucking flight on the 2nd.. shorter flat line part makes sense.