Jan 5-7 is the D day for Ripple. Sub 30c or above 40c Long

XRP / U.S. dollarBitstamp

Description

⋅ Dec 30, 2018 12:52 AM

So far the yellow bar road was pretty solid in our price direction. Now we have a critical fractal even happening in early January.

Now, a quick chart decipher: TOP chart
It appears the wave III-IV-V has ended, obliviously, wave IV-V can steal break down lower back to previous accumulations zones.

If we do fall down again, this should be the last time as it will probably caused by BTC and not that anything wrong with XRP.

The real threat here, is H&S for XRP. If we form that, it will be tough to come back from, but it is possible. If some favorable event occures.

Remember, Bottoms are events, while tops a process.

As usual, with my double charts, a lot is going on. Take your time, and ask if u got a question.

Don;t underestimate XRP we did do 150% in just 3 days, and that was in the heart of bear!

Be smart just have 10k XRP minimum, and don;t look back.

Good luck everyone ;)

**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support

~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!

Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!

Thank you,
Ajion

Comment

⋅ Jan 3, 2019 1:19 AM

Well, H&S pattern aborted, only 5 days left :)

Comment

⋅ Jan 29, 2019 2:37 AM

Sub 30 :(

Comments

RoyOrbyr

⋅ Dec 30, 2018 5:04 AM

Thanks mate, I appreciate your analysis, keep up with the awesome work.

Ajion

⋅ Dec 30, 2018 5:20 PM

@RoyOrbyr, Thank you :)

BVM1917

⋅ Dec 30, 2018 2:09 AM

Thanks very much!

Ajion

⋅ Dec 30, 2018 2:10 AM

@BVM1917, you are welcome mate, i don't know how u can manage to read any of my charts, lol, as they are so busy at times. But i hope they help you.

BVM1917

⋅ Dec 30, 2018 2:14 AM

@Ajion, Actually, they are my favorites. I've enjoyed good results and it helps me learn.

Ajion

⋅ Dec 30, 2018 2:38 AM

@BVM1917, I am glad to hear that. I don;t simplify charts, as i use them myself. About to post my monthly report of January, heh

BVM1917

⋅ Jan 3, 2019 2:14 AM

Boy, I'm sure ready for that yellow brick road.

Ajion

⋅ Jan 3, 2019 12:51 PM

@BVM1917, hah, yeah, well, will see.

BVM1917

⋅ Dec 30, 2018 1:35 AM

Ref. H&S, would a drop to .29-.30 near fractal date and touching the yellow bar be the right shoulder? Thanks

Ajion

⋅ Dec 30, 2018 1:45 AM

@BVM1917, dropping anywhere below 32c, would constitute this as H&S and negative momentum will carry it right into fractal date and touch the yellow support line. So the only way, not to have it - is to have a bounce around 33c and head back to 40. Otherwise, we are giving an opportunity to build even bigger stake in XRP for the final push up. Thus completing a double Bottom formation with quad accumulation events. This will the strongest point for ripple price juncture as if we hold the 30c, we won;t be coming back here for sometime again, unless btc falls below 3k and heads straight to hell.