LONG- -uptrend -Running Triangle- (second peak about same height as ATH) -Elliot Wave Triangle Correction Complete ABCDE -reversal candle with confirmation on point E -BULLish Stochastic -BULLish RSI -BULLish MACD
-new trend recently established- was in downtrend then sideways trend (non trending). Now is clearly in an UPTREND. Price Cycle Theory and/or Elliot Wave would put end of overall movement at moon. -hype surrounding this coin with coinable -working product
Trade active
⋅
Averaged in at $0.74
Comment
⋅
Price Cycle Theory states- 1 Major Price Cycle has 3 Minor Price Cycles. Each minor price cycle also has 3 smaller price cycles.
Using Elliot Wave this looks like only wave 3 of 5 of the first minor price cycle. If these theory's hold up then XRP going LONG.
Good luck
Comment
⋅
inside bars breakout imminent- hopefully north
Comment
⋅
boom!$! breakout
expect retest of upper boundary- hold tight! :) HODL
Comment
⋅
as long as stays above $0.70 then still inside a tightening range