IF, Wave 2 is allowed to ABC correct into Wave 5, $10.5k BTC is the bottom. - BTC typically retraces to the 0.618FIB. - The 85% Draw Down is met @ $10.5k / 0.618FIB MACRO Wave 2 (CYAN) is ALLOWED to ABC correct (RED) into MACRO Wave 5 (ORANGE) the previous '19 ATH meeting the MACRO Trend line. - The '14/'15 Fractal is also in the same channel. - BTC is touching...
DASH Broke out of a massive triangle and looking to close the 200ma. The measured move for the reverse H&S is $77, a 50% gain from here. Good luck holders. Dash retraces to the 0.618FIB
07 Sept '15 ( Circled) Tested the trend line and proceeded to draw down to 83%. XRP Seems to be testing the trend line again on this run. Will we retrace to $0.27 meeting the the 83% Draw Down? $0.45 is the resistance. GL ALL
Looks like the 200MA is the target. Is this small rally, a bull trap or bull run? Lets see if BTC can stay above the trend line.
Orange EW: Wave 3 broke out of the trend and is currently forming. Wave 5 will more than likely hit the trend line @ $0.41 also meeting the 200MA. An ABC correction will more than likely happen. IF not, XRP Breaks the trend, we are potentially on the Blue & Green MACRO EW. March/April will become very interesing when XRP gets closer to the end of the...
$21.4k: BTC will more than likey meet the 200MA after blasting through 55/100MA. A Candle close above the 100ma would more than likely happen for a breather, maybe retest the trend. $22.2k: Breaking through 0.786FIB target means BTC is on its way to test the Macro trend line. $24.4k Macro Trend Line Test: wicks, wicks, wicks.............. ABC Correction....
Profit Taking: $0.39 / $0.41 / $0.45 XRP has 2 potential narratives. Green EW: $0.42 price has been met. Candle close for wave 3. Wave 5 knocks on $0.44/$0.46 (21 ATH Trend line/0.702/0.786FIB) Grey EW: $0.39 completes wave5.
White EW: If $0.55 (wave 4) gets taken out, it will be a macro ABC correction where wave3 would be the B leg. Green EW: Waiting on the completion to the $0.46 area. Yellow EW: $0.27 would technically meet the Blue Trend line, finishing off 'White EW Wave 5' in March 2023. Potential to dip into the $0.25/$0.22 arena. Orange EW: Structure complete. 70% Gain...
The H&S pattern measured move down is $0.22 to complete Wave 5 on the Weekly Trend line. If XRP take out $0.55, it would invalidate the Macro Elliot Wave. On the bright side, there are trading opportunites in the near future. Keep your eyes peeled for $0.40 because it might touch $0.45 and retrace to $0.22. The $0.37 resistance is at the 0.702FIB line.
BTC is on its way to retrace to the 0.702FIB/$19.7k and if it does NOT break this resistance, it will complete the Wave 5 structure (Pink) $13.8k is the bottom if $19.7k is not breached. I revise my stance on the $10k - $12k BTC price.
XRP will need to hit the bottom of Wave 5 ($0.27-$0.21) before touching the 0.702FIB ($0.85). There will be a 'SHORT/0.702FIB' ($0.46) Rally coming up, and we will see you at the bottom of Wave 5 for some MASSIVE discounts! From there, MOOOOOON to the 0.702FIB ($0.85) and retest the new '!Speculated Trend Line' @ $0.53 as it did in Jan'16...
Lets be realistic about wave 5.... $0.21. $0.55 is the ceiling. Enjoy this rally for some trading opportunities. Alerts are set, and we will see the market around $0.46 (0.702FIB).
A H&S pattern is forming and a possible test of the $0.21 (1.618FIB line) line might be in the near future. $0.41 must be broken, along with the trend. Lets see if there is a 95% Rug Pull in the XRP cards. Will " Sun, Jan 01 Jan '17 Rug Pull " happen?
Smellin a small rug pull into the $0.21/$0.17.... Rinse & Repeat?
#BTC WILL hit $450k by 2025, and correct '85% Draw Down' (in 25/26) to the 2021 ATH ($69k). (450,000 - 85% = 67,500) $450k BTC is a 45x from $10k. $1,000 = $100,000 (2025) ==== 85 % Draw Down Narrative (Bearish - $10.3k - $14.6k) If you believe the '85% Draw Down' Narrative, its time to park your cash on go on vacation. Good luck catching wicks! Follow...
Will XRP bust out of the massive trend line and meet the 0.702FIB ($0.85)? XRP looks to be marching its way up towards the EMAs. XRP is knocking on the 21EMA (red line) XRP likes to V Bottom XRP is already down 85%. 150% Gains inbound? *from $0.35. Predictions.... SHORT: $0.85 RETEST: $0.41
===================================================== F A C T : XRP has historically retraced about 95% from 2 previous ATH's. ===================================================== IF, $27 - 95% = $1.35 $200 - 95% = $10 Simple, and easy. ============================================ What do you think? $27 or $200? ============================================
XRP is showing signs of a massive bull run. XRP is showing a massive elliot wave formation as it in in 2017. XRP is at: The bottom of the C leg 2 Macro Elliot wave show a wave 3 formation. Will it bust out of the triangle into a parabolic push up as it did in 2017?