Money Man is getting very excited to see what will be in the box. XRP has broken out of the downtrend, but a retest would be very normal. Then there is also the issue with the Head-and-Shoulders pattern. He figured that in but does not value the pattern too much. If you are going to go a but more conservatively (that depends on how your position is doing), you could ignore Decision Box 2 and make Red Target 2 a decision box.
Conclusion: Always remember to take some profits, even if you see more upside. It will be interesting to see where price goes as, as stated in the ETH contribution, we could see a lacklustre breakout while still maintaining the uptrend as ETH did around 10 November. He who says he knows for sure is either delusional or plain lying. Very Important to me: Please like if you appreciate the effort, please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
Conclusion: Always remember to take some profits, even if you see more upside. It will be interesting to see where price goes as, as stated in the ETH contribution, we could see a lacklustre breakout while still maintaining the uptrend as ETH did around 10 November. He who says he knows for sure is either delusional or plain lying. Very Important to me: Please like if you appreciate the effort, please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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