Grand finale is getting closer and closer,expecting bumpy road ahead.
The idea is simply approaching this bullish movement since new year as wave B in corrective A-B-C movement. Tried to identify targets and reasons for typical a-b-c correction with fibonacci retracements as buffer.
We are basically at the end of same structure but prolonged version of 2018.This time we had the massive accumulation more than 280 days which will naturally end with massive impulse wave.
Just erase the 40% candle from the chart,we are doing the same reaction with 6k>3k dump. =>We started to make higher lows on 3d chart on the IMPORTANT TRENDLINE before 5k jump. =>Massive divergence on 3d RSI. =>Crypto fear index is 27 means market is full of terrors and fear,mainstream chartists on twitter and tv posting 2k expectations. =>Halving is upon us...
XRPBTC is clearly forming cup&handle which is strong bullish formation,most likely breakout from this formation lead into Golden Cross(Green => 50 MA , Red => 200 MA ),which can start big fat XRP rally.
Look at this crazy volume,cmc shows 10B $ volume for that day,its highest daily volume ever recorded by XRP,you know what to do.
Chart is clear,same breakdown of descending triangle in 2017.
After 2 consecutive highs,XRP tends to enter long accumulation/decreasing phase. This phase should end between october-november with bitcoin heading to 20k at those times.
Enjoy the run.Altparty also should start at december with major alts like XRP,ETH.
Chart is clear again,all indicators showing it will very likely breakout in days maximum. *We have falling wedge on XRP/BTC. *We have a most likely continuation triangle on XRP/USD *And we reached out the 34th week of downfalling,last breakout happened on 35th week so we are very close to a big breakout.
Hello fellas,i tried to make this chart as simple as possible,as you can see last 2 cycle of XRP(Starting of decline => starting of new rally ) took 196(28 Weeks) and 245(35 Weeks) days.At the moment we entered this range with 28th weekly candle,so i expect breakout within this time. Positive Signals +Stoch Rsi looks like found the bottom like other 2...
=>After the big fall into sub 6k level,first time bitcoin is showing us some positive volume feedback. =>Volume follows the price unlike the other times it tested 4000-4200 resistance. =>We are probably at the latter stage of Wyckoff accumulation. Target1:4700 1 Month Target2:5200 1-3 Months