Dojiman_

Dojiman_

This fractal pattern has played out 2 other times in the charts and looks like it could play out again. Both in 2017 and in 2021 XRP broke out of is descending resistance and then started to bleed back to its trend line. This 2023 fractal closely resembles the 2017 fractal, if we start to see a slow bleed into the 4th quarter of the year, watch for 1 strong...

Dojiman_

XRP has been in its current consolidation pattern since may 2017. It will hit bottom green trend line sometime in the beginning of 2023. Which coincidently fits in to the SEC settlement date range many analysts predict. You can see that in 2017 when price hit this line that the price exploded passing the 1.618 fib and them coming back to retest the .786 fib...

Dojiman_

We will soon be testing this support structure. It has never held in the past and has only eventually broken down. This will be a serious test of strength of BTC. Only time will tell if we get our first definitive support at these levels or if we have to capitulate back down for another test of the lower major support.

Dojiman_

Scenario #1 If we close September below 3770 it is likely we continue back down to retest the 3200 level, possibly even 2800. Its not hard to see with the exponential movement it has had over the last 12yrs, a retest of these levels would feel like the natural flow of things. Also the RSI looking like it needs a reset. Scenario #2 There is a 3 month inverse...

Dojiman_

Just what I think... Guess well see if I'm wrong. If it breaks the bottom line wait for retest of line and the watch RSI.

Dojiman_ Updated 

I believe that XRP is about to experience another drop. My guess is we don't get below .38, but here are some targets. This drop may be sudden or last into early January. Zone 1 is between .55 and .38 cents Zone 2 is between .26 and .23 cents

Dojiman_

- I've noticed that the DXY has a monthly Bullish Divergence formed. The move looks coiled up and ready to happen. If it goes the opposite direction and dumps, it will be the first time in..., well I don't know how long but farther than 1986 anyway. - I've noted some other past divergences so that you can see how they played out. They do tend to always follow...

Dojiman_

In the past at these levels we have seen a 24% correction. To be conservative I'v placed my call around 20%.

Dojiman_

If we have a soft capitulation buying in the green zone will be a great opportunity to grab some VET If we have a hard capitulation like back in March of 2020 ( which is unlikely in my opinion) the blue zone would reflect the absolute best buying opportunity.

Dojiman_

Here is a simple trajectory for ETH before a move higher. We may need a few months to consolidate. I have placed two dubious trajectory dates just for fun but you can see the overall trajectory.

Dojiman_

This chart shows BTC trajectory Lines since 2012. If the downward bearish pressure keeps up this is a simple trajectory with a long tested trend.

Dojiman_

Here is a chart showing when to buy Alts. The rotation looks to stop sometime between September and October.

Dojiman_

This is my chart prediction of the Cycle top. Time will tell.......

Dojiman_

If BTC breaks the red trend line we could just see a simple cross pattern before we move to the next phase. This buy shows BTC dipping between $21,500 & $17,500.

Dojiman_

Very possible we see and $18.00 API3 in the next few weeks before a significant leg down.

Dojiman_

XRP is presenting a beautiful Fractal that closely resembles the 2017 Fractal before it went to the Moon. We just need a little FUD to bring us down for one more opportunity to scoop up some between the range of .25 and .30 cents. If this plays out, this will be the last chance.

Dojiman_

Dow 2 Day Gap Chart

Dojiman_

It looks like the same divergence we had back in 2018 which lead to a rally in the Dollar.