XRP is showing many signs of short and long term reversal, with a major break to the upside that will break a multi month structure in just days to weeks. All this chop for the last month and longer will be filled VERY fast. A 1HR CHOCH has formed today on XRP. with the candle closing back above previous high (red candle) Accumulation and manipulation are also...
XRP has now had 4 daily candles close above the fair value gap. LTFs this is seen as the only area that was not filled during the last impulse wave. This is also the third time touching the bottom trend line. Although, the top trend line only has 2 touches, meaning there needs to be a third touch before anything else happens. XRP has also had a change of...
BTC has been forming a descending channel since April 10th and has now completed this massive structure shown by the three touches, similarly to XRP as shown on my last post. When you look within the channel you can see the accumulation phase (highlighted in blue), then manipulation (highlighted in red) and finally (distribution)(phase 1). There has been a re...
XRP has been showing many signs of strength and that the bulls are about to take over. Took out all the sell side liquidity then formed a CHOCH before coming back down to retest, and has now been in an accumulation phase creating a bull flag. Once there is a clean daily close above this trend line, every step will of occured in preparation for XRPs distribution...
XRP has been stuck under this top trend line since its high at 1.80 formed 2 years and 13 days ago. XRP has been chopping its way up through all the top trend lines you could draw, until it reached the TOP top trend line. This is the first time XRP has successfully broken out and retested every major trend line since this downtrend started. There has not been a...
XRP has been holding the demand zone for the past week straight, while forming the same structure as before the last wave up, along with numerous other factors i have compiled, leads me to believe all orders have filled on XRP. Please take a look at all of these similarities. If theres ever a time to put everything on the table, that time is NOW.
BTC has been showing textbook formations, formations which occur on the Indices weekly. Step 1, get the buyers in by breaking trend line to hit supply zone above it. Step 2, get the sellers in, step 3, take the sellers out. Then once both ends have been stop hunted, price comes back down to the original level that the orders for the REAL move were filled, to pick...
XRP has shown many similarities between now and the previous low. I have market out the similarities on the chart but overall 5 waves just so happened to be in once XRP reached the Massive order block where all the liquidity lies.
XRP has came back down to retest its order block as well as Massive Apex of both trend lines as support. Also a descending channel and massive wicking area, all large wicks. FOMC is minutes away and if theres ever a place on the chart with tons of orders, it is this zone right here. Expect some LARGE green candles entering the market.
The Dow has been consolidating above the previous top trend line that formed at its ATH for the last 6 months, forming a bull flag. CPI is tomorrow and we are at resistance, so expect fake outs but since there has been 3 touches on top and bottom trend line of bull flag, The Dow has no other choice except to break out of the bull flag.
XRP is repeating many structures and the last impulse waves on a 4hr allowed for a 10% push on 1 and 3 and 50% on wave 5 starting from the FTX bottom. XRP is on the verge of beginning wave 5, which would bring XRP to .75 cents very fast just like what happened every other time this structure is formed. Wave 5 is 150% larger than wave 1 and 3 combined. Although...
Each time XRP "rallied," it formed higher lows and lower highs. Then before it breaks out it goes back to retest its previous high of the impulse wave beforehand. After that, it retests its supply zone formed at the most recent high, before coming back down to retested the last unfilled supply zone. (Also considered order blocks in this case). This is when...
XRP has had the most textbook retracement any Trader can think of. No matter what your strategy, whether it be patterns, EWT, trend lines, SMC, Support and resistance fundamentals etc; it should be clear that XRP is not far away from a massive rally. And I think this VERY well could be the area for entry. This is the area on the chart that was never filled on its...
If they want to push price up, they will first take out the longs, then they will take out the shorts. It wouldnt work any other way. In this case, they used the trend lines as liquidity sources. Price has now retested a major Apex and is ready to close the month bullish.
Back on Monday March 13th, BTC formed a new trend line where it created a descending triangle off of. Exactly two weeks since, BTC has completed the same structure, and has came down to touch the same trend line. Equal lows were formed both times and the bottom was market after it had a 3rd equal low (sweeping the lows by a hair). The third equal low just happened...
BTC and every crypto, stock, or forex pair you will see just constantly repeats itself. All of these similarities are simply undeniable. If you dont trust yourself, you can at least trust recent data and evidence. All the algorithms stay the same, the structures are coded into the market before they occur. Their algorithms only work if they are consistent (repetitive).
XRP looks very similar as it did in December 2020, when it was at .16. All 5 waves down are structurally identical and the first higher low that was formed was also at a top trend line and bottom trend line apex, as it is now. Really look at this chart and notice all the similarities between all impulse waves and correctional waves of each structure. Everything is...
XRP has been creating a descending channel since its high on January 23 at .434. It has a very steady parabola forming on the lower time frames which is something i have not seen XRP do for awhile. There are also clear signs of a reversal, on all time frames. I expect the rest of march to be very interesting...