XRP: End of C ApproachingIt seems as though the third wave down has started. I am utilizing my yellow and green support lines to help guide my corrective wave so that I can determine a proper buy-in. I am assuming that the C wave will finish off within this boundary.
You all should be on your toes and look to the IC indicators as a tool for gauging the momentum downwards. It will help you determine whether or not if there is any more room to go past my support lines so that you can find a proper buy-in.
Either way, this should be an exciting couple of days.
Happy Trading!
-LB
Xrparmy
XRP.BTC P-Modeling Pt 18. The Crippling of TearsWelcome to the future of Technical Analysis .
This is Pt 18. Trial 1 on XRP's Global Ecosystem.
Find the "we are here" bubble.
I am most likely wrong...
I think my timing on this may be slightly off. Meh . Who cares.
but what... if..
good enough for me!
Target bottom Buy .000004
99% capitulation scenario on XRP.
HOWEVER...
On April 20th, 2020. The real fun begins and we won't stop hearing about it. (rolls eyes).
Come for the laughs, stay for the Art.
___________________
Think in Loops.
Think in Strings.
Begin to connect them.
You see weird things...
Oof. Tis so Pretty.. But is it functional?... That is the question of the day.
Bet your ass, I am shorting this again into the ground. Despite my previous failures.
Pt 1. Interesting start..
PT 11. Excellent follow thru.
PT 15. EPIC Fail.
Start here for sequential Model of this idea.
PT 16. Failed - went sideways.
PT. 17. Failed - stayed sideways.
PT 18. Is the same chart as Pt 16 & 17. The only difference is a shift in the fractal to its current location. Nothing else changed.
Failure is a necessary presupposition to success.
Laugh with me into madness.
Now for some deep thinking. Cheers.
Thanks for Pondering the Unknown with Me,
Glitch420
*Disclaimer: If you seizure prone, turn the brightness all the way up for extra eye bleed. This is financial advice.
XRP: Local Minimum ApproachingSo it looks like the A wave of the correction has come into full fruition and is in the process of changing its momentum to begin the B wave of what looks to be a 535 zigzag. You can tell on the 30-min that the ichimoku cloud has gone into a bullish position by looking at the recent TK cross and the lagging span crossing above the price point, where usually the cloud follows into a bullish position as well.
I'm guiding my EWs based off of the momentum and points of support and resistance.
I hope you enjoy the "buy" lines that I've drawn and that you use them at your discretion.
I recommend coupling this knowledge with the ichimoku cloud so that you can judge whether or not our price will actually meet or go beyond my green buy lines when the time comes.
Until we become millionaires,
-LB
XRP $2000 CONFIRMEDJanurary is the month. Xrp will be a world bridge currency, relieving stress on the USD. They have been planning this since 2008. If you think the US government, the most powerful country in the world hasn't planned something you are wrong. To think they will allow btc to take their power is childish. Anarchy is childish. The big boys always win. All the talk in congress where they sound like idiots. The smartest guy in the room plays dumb. When we break $.26 resistance it will go straight up. We have been in this downtrend for almost 2 years, we hit the monthly level at .175 and we accumulated for 2 weeks. Use you brain. BTC maxis will be disciplined. They really think all the sheep in the world will just start using BTC? People are not going to switch unless they have a reason too. In the US there is absolutely no reason for people to use alternate money. They will switch without even knowing it. XRP will be used in the background and people will have no clue. Think of it like this, with bitcoin you are betting on a completely new financial system, government and world. With XRP you are betting that everything basically stays the same just a massive overhaul to the current system not changing the power structure at all.
I DON'T KNOW HOW YOU CAN BE BEARISH ON XRPHi traders today I made the simplest chart I could. Simply stated how could you be bearish on xrp? Two year downtrend was just broken. I purposely didn't add levels just to be simple, but we accumulated for 2 weeks then we had a huge breakout. This could be another fake breakout but i hope not, still bullish until be break below this trend line.
XRP NEEDS TO HOLD THIS LEVEL TO PUMPXRP and BTC look very similar, we need to hold 4hr levels on both if we want to continue our bullish trends. Buy here for a potential breakout of the resistance we have been fighting for a week. I'm still bullish on xrp regardless right now we had a great break of an almost 2 year downtrend.
Be more patient and you could buy XRP around 2200-2300Its obvious we encountered a fake attempt to break, like i warned in the previous chart, RSI did not look good. it is clear now we will be filling the falling wedge all the way to a wyckoff spring,
Just wait a little longer before you dive in and you get XRP with huge discount!
Same setup for XRP Dec FuturesAfter looking at the spot chart, wanted to find the comparable level on Dec Futures. Purple=weekly, green=daily