gz1968

gz1968 Updated 

I came across this watching YouTube user High Altitude Investing. I decided to deep dive into it a bit. VERY interesting. There is a correlation between BTC (2014-2016) and our XRP. One thing should be very different. XRP has a history of rapid pumping.

gz1968 Updated 

XRP just really looks bullish. Diamond pattern formed. RSI, Stochastic, and Accum/Dist all showing bullish divergence. I think this is when XRP breaks the 200 day MA. Yes XRP could test 17 cents, but not necessarily. It could even test 15 cents, but that would not fit with the bullish diamond pattern.

gz1968

Lot of points here: Linear vs Logarithmic: On a logarithmic graph some are drawing XRP in a channel. Others, on a linear graph are drawing XRP in a falling wedge. Linear charts have a fixed distance between price levels, while log charts have fixed distances between percentage moves. As a result, even though the high/low values of XRP within the wedge are...

gz1968

(2) is probably at the low at 0.786 fib, although by Elliot rules it could go to 1.0 . I did not put (2) on the previous wave, as that would force wave 4 to move into wave 1 region which is against Elliot rules. Look for wave 3 to form a five wave Elliot pattern as it goes up.

gz1968 Updated 

Hello, I'm getting better at these Elliot Waves. I put forth two bull possibilities. The difference is how I counted (iii) and (iv) in orange. Notice the RSI and Stochastic trend is up. Any comments on the Elliot Waves is welcome, as I'm still learning. I made the charts daily, as I wanted the 200 day MA on there. It is an important barrier to break through.

gz1968 Updated 

I think most people are VERY familiar with the 2 year fractal duplication. We've been fractaled to death with the DREAMERS drawing it ad nauseam. Well, I'm a dreamer too. So this chart keeps it real with a BULL (green) and a BEAR (red) scenario. - BULL scenario. We finish off this fractal with a break through the 200 MA, just like it did for the Dec 2017 bull...

gz1968

Daily chart. For the fun of it, I tried to predict a fake breakout below the RSI trend. Take it with a grain of salt.

gz1968

I don't think XRP is stopping at 0.382 fibonacci

gz1968 Updated 

Possible descending triangle?

gz1968 Updated 

I see postings on how XRP broke the trend line. But what about the weekly support area? My pink lines are weekly support. I suspect the weekly support is more important then the trend line. I put neutral, as I hope it goes up, but who knows.

gz1968 Updated 

Hello, my inverted H&S has a spike up within the inverted head. I'm not sure if that invalidates it.

gz1968

Notice in 2017 that it was a bear flag. Who expected a pump? Watch for XRP to come down to 0.17 cents. If it does, that would give a point for the bottom line to form the channel. Wouldn't that be interesting? I got this from the Blockchain Backer on Youtube. He drew this chart and I duplicated it here.

gz1968 Updated 

Hello, I started from weekly and worked my way down to hourly, and put in key levels. Then I added fibonacci. I did not think it useful for me to make a prediction, as I do not know. I cannot take credit for chart, as I followed Crypto Monster on YouTube who did a "Top to Bottom Analysis" of XRP. The guy is good. I followed along, and published the chart when...

gz1968 Updated 

I made a chart on BTC, and it seems to be trading in a wedge. XRP is reacting to the BTC wedge. So on 22-March 4:00 am when BTC bounced off the top of the wedge, I looked at the XRP price. I set my XRP pink limit line at that price, about $.16 at that time for a quick trade.

gz1968 Updated 

Hello, I'm an amateur with Elliott Waves, so be forewarned. It seems to me that the bottom support of the wedge is not a line but a range.

gz1968

I'm an amateur with Elliott Waves, so be forewarned.

gz1968 Updated 

I'm an amateur at Elliott waves, forewarning. Not sure if I chose wave 1 correctly.

gz1968 Updated 

I'm an amateur with Elliott Waves. I drew standard wave percentages for the h-ll of it. Let's see what it does.