August Capitulation: Fractal taken from prior capitulation in March 2020, lines up with the Gann speed fan & prior all-time-high Capitulation > Cycle Top: The time between the two would be 12 months exactly which is necessary to qualify for long-term capital gains tax in the US Elliot Wave Theory: Remains validated Fibanocci Indicators: Circles, extensions &...
August Capitulation: fractal taken from previous capitulation in March 2020, lines up with the Gann speed fan & prior all-time-high Capitulation > Cycle Top: the time between the two would be 12 months exactly Elliot Wave Theory: validated Fibanocci Indicators: parallel channels, extensions & circles all bring confluence to this exact date & price
XRP is expected to bounce off of the lower Fibanocci Retracement Level in the event of a pullback from Bitcoin
Secondly, the midline of the Gaussian channel is also an area of confluence with the lower Fib
Lastly, the previous swing high -> swing low is copied/pasted and indicated in blue. Matching up with my projection
Buy order @ 0.417
Maintaining Elliot Waves Theory (12345)
Wave 4 Pullback To 200MA (Previous Accumulation Zones)
Sept 2021 -> Sept 2022 = Long Term Capital Gains Tax
Supports Lengthening Cycles Theory
Supports TA Predicting 200K @ 2.272 Extension
Rejection From The 0.702 (Critical Resistance)
16K Swing Low/20k Swing High (Obvious Support Targets)
“People are panicking and we...
• Maintaining Elliot Wave Theory (12345)
• Wave 4 Pullback To 200MA (History Shows These Are Accumulation Zones)
• Sept 2021 -> Sept 2022 = Long Term Capital Gains Tax
• Supports Lengthening Cycles Theory
• Supports Predictions Of 200K @ 2.272 Extension
• Possible Rejection From The 0.702 @ 50k (History Shows This Is Critical Resistance)
• 16k Swing Low/20k...