StefanBode

Idea Update - only for discussion

BITSTAMP:XRPUSD   XRP / U.S. Dollar
Only for discussion. I'm not happy with that count. Whats your idea?
https://t.me/stefan_bode_analysen
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There were a few years of trade history prior to Bitstamp adding XRP/USD pair. I count these as a series of 1-2's in my version.

The series of 1's in your extended III count best as 3 wave moves, not impulsive. That's why I count the whole series as a triangle. Triangle's are most often 4th waves, rarely 2nd waves.

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StefanBode protechtor
@protechtor, Thank you for your viewing and counting. This looks much more harmonious and I will check and recount. Which data provider did you use or do you use here at tradingview instead of bitstamp exchange?
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protechtor StefanBode
@StefanBode, Gatehub has data back to 2015 for XRPUSD, but prior to that is not available with current data sources. Here is a link that can give you part of the trend... the first major move up and back down (probably the first 1-2).
https://www.coindesk.com/price-ripple-xrp-plummets-co-founde-9-billion-selloff/
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StefanBode protechtor
@protechtor, thank you
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protechtor StefanBode
@StefanBode, You're welcome. Note that on my chart, I can push angle of the trend channel down slightly than what is shown. It would allow for another dip (lower currently running through about .48) before a touch of the lower without breaking the trendline.
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StefanBode protechtor
@protechtor,
wave 1 to wave 2
02.12.2013 to 06.07.2014
18.12.2014 to 01.12.2015
13.12.2015 to 02.03.2017
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protechtor StefanBode
@StefanBode, That count could work. If we break that lower trendline shown on my chart, it might be in play. Nice work!
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StefanBode StefanBode
@StefanBode, red (5) should go in area $ 5,35 -5,50.
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