XRP coming along the traffic intersection while having an indecisive moment... If the lights won't turn green asap, an inverted cup with handle formation is a possibility and then it doesn't look too good... If break-out of the parallel, and idem dito pennant occurs, a crossing of the 50 and 200 exp. moving averages will happen. If the break-out fails or a...
There's a lot going on again... I couldn't leave out too many calculations, as it is crucial to be sure BTC is in an upwards phase and how hard it will go... Well... it will go very hard in my opinion... right when you think BTC will act sideways again or make some correction here and there to slow down the bullishness... All calculations, patterns, Elliott Waves...
What you think about this scenario? It is not a real technical analysis, but just a pattern recognition. Remarkable is the after a correction like this, a bull-run did develop. And besides this.. what if the last big correction is a run-up for large scale FOMO?
It's a little busy on my chart, but there's a lot going on... if you don't like lines and colors.. don't look at it then. TC facing a lot of resistances and crossing points. It's time to take the right direction. Descending parallel is like BTC's hometown. Positive factors for a new cycle upwards: * End of the yellow pennant * Touched the side of this pennant...
XRP will have to prove itself as a very crucial moment is nearing... probably within the few coming days... In my eyes there's a giant pennant getting to its end... as well as a visit to the side of the descending parallel. Hoping for a serious push in the back if we are in a bullish trend... I left out the Elliot waves, as this speaks for itself, but probably it...
I know it's a futuristic view, but in crypto, it should be something like this. The longer the correction, the extremer the bullrun. Especially with a potential coin like X-rapid. Let the pro's behind XRP do the work, and the rest will continue... What do u think? How a (similar) coin like BCH could be on nr 3, with only marketing ??
POSSIBLE TRAJECTORY But there has been no real proof of a break-out yet... Let's hope for the best and a definite bottom in...
mirror mirror on the wall... can you repeat it for us all ?
Maybe I'm too bullish and my binoculars are somewhat too large... cauz I m seeing trees ! Anyway... we need a slingshot from Tiger Wooo...ds :-) I know... not funny? again.. too much time.. the woods are messing up our minds... I think there my wave 2 could have a lower end... maybe an almost double bottom... who knows ? if it goes below... that means .. no...
LTC giving example with exponential growth potential. The ride may be bumpy, but it will fly with some moments I presume.
This is NOT my primary count, but it is a possiblity... Personally I don't think this will happen as I just multiplied the ratio we had based on 2 cycles with one component... 'time'... So that's not much of a proove.. but it could blow ur mind idd..
You can call me what you want... I present the future... XRP isn't dead... the world is investing in Ripple ... and the coin will follow... But of-course.. what's the point to make moongraphs now right? ... it's fun !
If we're looking what happened in the past... at this moment this correction looks identical to the first part of the correction after May 2017 ... If we have to look everything in perspective, then the correction should even take longer than the previous one ! Hopefully not, because at that time crypto was quite unknown, and with the exponential speed of money...
My cycles could not be correct, but a continuation is highly likely I guess ! Looking for the balance in Elliott Wave theory and so the universe.. We don't believe the earth is flat anymore... And we're part of a bigger solar system... The universe is expanding... There are more people... There is more money... Simple :-)
While I didn't the bullish option from my last chart, I could opt for a real trend reversal, because XRP does it again while BTC is sleeping... A lot of testosterone under the Ripple-mooners... FOMO breaking in... it's the people right now !
Don't take it seriously... I was bored, and so should Ripple be as well...
This is an update from my previous chart.. but I don't have any idea how to update my chart yet... :-| The point is that we're all looking for the bottom.. meaning the terminal end of the C-wave... have we looked at the proportion between the so called 'A'-wave and the C wave we are aiming for ? I would believe that we are still in the first correctional wave......
Hi folks, The best thing in trading is to commit your mistakes and keep learning from the past... I think that everyone has been at least 1 time wrong in the way down with BTC... because... Every milestone in BTC looks like it has never happened before... but it did, we just cannot understand the dimension of the correction... that's why I think we are all...