its evenly looking triangle so i am inclined to think it will go higher as this market has liquidated many if not most traders...
above this level...next pump shoud take it atleast 40X to 2.7 or so Then a 80% drop should bring it to 0.50 then another pump of 35x should bring it to 18.9... All based on previous pump in 2018
XRP at $16 by december 2019 I am mimicing the older pattern as shown...
Ripple close up chart...its still holding...if btc rallies this will quickly meet my first target of $3,50....
basically i have drawn two forks based on the work done by other chartists... the analysis that i did was what would be the price targets if the previous fractal manifested... Basically XRP rallied 16X from bottom so if we get that now we will see something like 3.50... Then we can expect a 68% retrace that would put it at 1.1 or so Then it would go for...
The reason i drew that is becuase of the symmettry between the top and bottom...when the stock markets are going into depression, i expect btc and xrp, to collapse before they rise from the ashes... I would back up the truck at 0.03 level easy...may be pick up a few million at that time if i am lucky
look at my channel that i have drawn. the top line has three touches so that is hot rail... what is concerning is that price catapulted above the top line so is it possible for it to catapult down below the bottom line which should be parallel to the top line. comments are welcome below
if btc collapses...it could based on my feeling
remember it needs to go to -1sigma for us to buy
ETH to $20 Guaranteed! Are you ready for that play? Based on the volume by price indicator and the regression models, I am predicting that ETH will bottom out at $20
BTC to drop to 1300 guaranteed
Game plan over the next few years BTC will rally hard to 6200 in the next few weeks. Then it will collapse back down to 1200 final capitulation with total market cap of 60Billion. Then it will consolidate for a year in to early 2020. Then start climbing the wall of worry in to 24000 to above... i will be accumulating this year with the prospect of selling at...