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Mirroring

XRP Mirrors 2017 Bull Run, with a 52% Pullback Coming?XRP's last true bull market was in 2017, and the current cycle seems quite similar. Both started with several years of triangular consolidation before breaking out. During the previous cycle, XRP retraced to Fib 0.786 after hitting Fib 1. This time, it’s showing a slight pullback after reaching Fib 1 as well. Every coin has multiple potential scenarios, and one possible script for XRP is retracing to Fib 0.786 after touching Fib 1—implying a potential correction of at least 52%. However, the real bull might ignite after this pullback, with targets possibly reaching $26 (Fib 1.618, as seen in the last cycle). Feel free to share your perspectives—I’ll cover other potential XRP scripts in the future!
BITSTAMP:XRPUSD
by Harold_123
5
BITCOIN Price Mirror LONG Idea I use mirror path to try to predict the trend pattern and it came out very well, we can see how the trend is following the path almost perfectly, blue lines are important support and resistance levels. It looks like we can stay for at least three or four weeks between 28k and 32k levels. The measure move from today to 50k is around 185 days. If the path follows to the end we could see at 67k in around 200 days. Remember this is only an idea and the pattern can change anytime depending on news , economic performance, etc. Fell free to share your thoughts, thanks for following!
Long
by cryptofairylana
Mirroring, Harmonics & ExpansionsI expect a mirroring of the price action from the left side of the B point. Thus the CD leg should have the same (negative) slope as the XA leg. Then I noticed that it would form a harmonic pattern and I checked out the harmonic ratios. Turnes out that all are fib ratios. The OTE sweet spot is actually a fib ratio, too, but not many know it. Out of interest I applied a fib expansion on the last beakout leg (broke out of inverse H&S) and the typical target 0.764 - 1 falls right into my previously established target area. To sum up, there is great confluence of resistance around 275 where I will be looking to sell. Rightnow at 245 it's still a clear BUY up to 270 minimum ! Also check out the MAGNUS® Cycles on Bitstamp daily. It just plotted a rare buy signal aswell ! You can find it by typing "magnus" in the search box within the indicator menu. Good Luck with your trading and take care :) If you have any question feel free to PM me or leave a comment bellow.
BITFINEX:BTCUSDLong
by MagnusTradingGroup
4