This is NOT the typical Elliot Wave counting, but it is an Elliot Wave concept where the number of waves can be counted, which would consist of any 5, 9, 13 or 17 countable waves. In a way, I would classify this as a "fractal", and while there are certainly some differences, there are definitely some similarities, and these similarities can help us define where we...
The market is clearly bias as it is making lower highs, but at the same time is making higher lows, so, something similar to a wedge formation, I personally think the 0.20-0.25 USD region is a potential region where we can arrive, but at the same time looking with a bit of perspective, the 0.30 USD region is a region where worth to accumulate.
XRP seems coiled for action. this is a fantastic time to accumulate as much as possible for sub $0.30. XRP is floating right above major support in a massive triangle consolidation pattern that could result in a breakout to the upside. Inside the triangle the price has formed a head and shoulders. Generally, this is a bearish sign. But, given the consistent good...
Currently Pair has been in a small range
Long Breakout Trade
Entry on 15m Bullish Break-Hook-Go pattern @ .3128
1st Buy Take Profit @ .31725
2nd Buy Take profit @ .32025
Short Breakout Trade
Entry on 15m Bearish Break-Hook-Go pattern @ .3050
1st Sell Take Profit @ .29815
2nd Sell Take Profit @ .2930
Find appropriate SL
got a symmetrical triangle, inside a larger symmetrical triangle on the bearish side of things...on the bullish possibilities we have a inverted head and shoulder setup and the larger falling wedge pattern....probability in the immediate term suggest a breakdown as we are currently below the inside symmetrical triangle...however there i still time left for a...
$0.08c or Less that's what - the writing is on the wall for XRP the coin - not the company. Please look up and read the JP Morgan info and comment below - haters welcome as long as you keep it professional. #crypto #fintech #Bitcoin
Hi friends! Welcome to this update analysis on Ripple! Looking at the daily XRP chart, you can see that Ripple has been forming an enormous triangle (in blue) for the past six months. Inside of the triangle, we can see that the price action is in the form of a head and shoulders.
So, a head and shoulders pattern should produce a breakdown, but so should the...
Bonjour et bienvenue.
nous continuons à confirmer le scénario envisagé dans les dernière analyses. le xrp es baissière pour l'instant, il y a deux obj: le premier 0.268$ (selon moi le moins probable) et le 2em obj:0.231$(le plus probable selon moi).