Don't trust this rekt coin.
Even in the latest constrained bullish
surroundings (all-known btcusd pump for that January),
it shows such a bearish picture. I believe this coin is
gonna dump ONE MORE TIME, and deep.
Probably down figures again. It must correct -
the waves are sooOOOo bearish that the Papa Bear himself
couldn't draw better,
even if he'd been the...
Expecting XRP to drop one more time
before the high-table speculators kick in.
It is still uncertain whether the price
Better be bear, than sorry)))
For a while. See the levels.
I don't believe that
the bottom is in.
the price above 7667 is ok
in terms of rally continuation.
If we fall below this value,
keep your heads up -
means the bulls lost.
But for now the defenses are
giving a helluva fight
and the bulls are getting only stronger
as the price goes down)))
Time is to hodl, gentlemen!
This is possibly another good opportunity to
hodl another portion of BTC while you still
can afford it!
The beloved by market makers tripple zigzag formation
has just finished evolving. See xyz-w-xyz-w-xyz group.
And some strong bullish divergences on 5m confirm it.
Let.s run this rodeo, bulls!!!!
Prepare for the lift off!
Await further confirmations from
I have lost the description, and...
one who studied the theory doesn't require
So I'll be very short.
The accumulated above 6.5k in the last few weeks
massive group of initial waves(1-2-1-2-3, 1-2-3-1-2- or smth like that)
seems to be planning a MASSIVE invasion over the 9k+ region.
I mapped out (with all the cautiousness one ever may...
This is more art right now than real science.
But I've got a very good feeling about these fractal
relations in somewhat golden proportions.
They tend to work most of the times.
TP levels see on the above chart.
Continuing the analysis on XPRUSD.
See the previous three ideas, they are
all parts of the same analysis
(in the Related Ideas below).
The chart tells all the data.
I have spoken.
See the charts closer and not so much:
I need proof! Do you wish to see some proof too?
Walk with the General through the garden of Xyz,
and nail every correction ever happened to XRP
under the moon...
As I explained in the previous idea #1,
we can observe exactly 11 waves long correction wave model.
This is one of the most widely encountered correction...
Just a good idea( with the help of Sampdm8 , respect! ).
Will track it for a while for fun.
This is a Descending bullish Triangle.
In bullish markets,
while being formed as a correction(always)
relative to the global bullish trend,
signals about the PARENT trend continuation,
i.e. the previous movement continues...
not vice versa!
I don't like to speculate too much, thus I am very cautious when mentioning
anything further than a few days from now on into the future.
This idea was born as an answer to the question pitched
by fellow trader - nickrandy1 . Respect!
Simply two charts. The #1 major reason why we are going sky up
is mapped above - the FINISHED correction model...
This is a continuation of the analysis on BTCUSD
(see older posts to get the full picture).
The market is evolving exactly as foretold.
Now the new "impulse 12345+xyzwxyz correction" combination has been
formed, that means that the higher trend( global 12345 bullish trend)
is about to continue.
Also there's some confirming this divergences, on 5m.
I guess 56 hours of non-stop analysis payed off
in a form of followed 56 hours of pleasant observation,
of how the forecast predicts
with 95% precision all the price movements)))
Now this is the time for the bulls to get into play.
Probably on Monday, or even in the following 4-5 hours
we will observe a huge price.
A lot of confirmations kicked in,