Hello traders, before you make any comments I suggest you check my previous posts on XRP and I've even made it easier by attaching them to this post. Checking my previous post on XRP will help you see the consistency on my predictions on XRP and it will also show you a bigger picture of what I am looking for.
This an analysis on a much lower time frame and it's a carbon copy of what XRP has done on a higher time frame where we have a huge impulse leg down which was followed by a bearish corrective pattern and right now we are in the process on going up to test the upper trendline of the bearish corrective structure thanks to a short term buy set up that is developing.
Could this also be the catalyst for the big drop that I predicted in my last post? Time will tell.
And as always, any opposing comments, views, arguments or feedbacks are welcomed!
This an analysis on a much lower time frame and it's a carbon copy of what XRP has done on a higher time frame where we have a huge impulse leg down which was followed by a bearish corrective pattern and right now we are in the process on going up to test the upper trendline of the bearish corrective structure thanks to a short term buy set up that is developing.
Could this also be the catalyst for the big drop that I predicted in my last post? Time will tell.
And as always, any opposing comments, views, arguments or feedbacks are welcomed!
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My Last post on XRP predicting the turning point at the 50.% Fibonacci retracement level
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Another post before that, showing the corrective structure and the prediction to the 50.0% Fibonacci retracement level
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This was a while back predicting the huge drop and everyone thought i was on drugs
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The very big picture which hows my long term view on ripple is bullish but the current price action says we are going short
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This was a short term trade on a lower time frame which shows my contraction and expansion strategy which i day trade with my traders
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This was a classic head and shoulder pattern which does work sometimes
