This chart has some similarities to my latest breakthrough analysis in XLM with some distinct differences. (XLM Ideas linked below)
One key difference is how Wave D expanded from 2014 to 2017.
Another difference is how Wave ii corrected between 2018 and 2021.
In the coming days I will be posting my thoughts on how I see this bear market ending and the type of strategy to enter the market as a holder.
I will touch of the type of psychology that will be behind it, what could trigger it and how it could be one the best times to buy XRP.
I believe the main reason for this is because of all the confirming price action we have seen to date.
It's much easier to buy when you have seen almost a full correction rather than during the early stages of a yet unknown type of correction.
Corrections of this sort provide a second chance to enter at a discounted price.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
One key difference is how Wave D expanded from 2014 to 2017.
Another difference is how Wave ii corrected between 2018 and 2021.
In the coming days I will be posting my thoughts on how I see this bear market ending and the type of strategy to enter the market as a holder.
I will touch of the type of psychology that will be behind it, what could trigger it and how it could be one the best times to buy XRP.
I believe the main reason for this is because of all the confirming price action we have seen to date.
It's much easier to buy when you have seen almost a full correction rather than during the early stages of a yet unknown type of correction.
Corrections of this sort provide a second chance to enter at a discounted price.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
