Bottom targets based on fibs and impulses. The 0.40 cent range would also be another test of resistance/support trend line starting back on. Nov 24 2020 Just some of the things I'm seeing. NFI Plan for the worst hope for the best!
appears that xrp may retrace down to $0.62 before continuing up. Broke out to the downside of the daily triangle that was being formed and the projection of that lines up with the 0.618 fib level. Also zoom out on the daily and weekly time frames and have a look at the fib patterns from 2017 compared to now and how it lines up with previous ideas I've published...
Also zoom out on the daily and weekly time frames and have a look at the fib patterns from 2017 compared to now and how it lines up with previous ideas I've published and the overall uptrend channel on the chart I customized the fib (far right and far left) to simplify the story that the smaller fibs are showing. Not financial advise just my insights. ;-)
Zoom out on the daily and weekly time frames and have a look at the fib patterns from 2017 compared to now and how it lines up with previous ideas I've published and the overall uptrend channel on the chart I customized the fib (far right and far left) to simplify the story that the smaller fibs are showing. Not financial advise just my insights. ;-)
Zoomed way out to get the full picture from 2013 to 2023 and beyond we see a definite channel. Dec 31/2020 XRP hit the bottom of it and has been going up since but look at where the top of that channel will put XRP by EOY & 2022! I've seen many analyst, that I follow and highly respect, with some VERY conservative numbers. Always good to err on the side of...
Time to update my chart! Lots playing out different than expected but it usually does. Noticed a head and shoulders on the 6 hr that looks like it might have us going down a little more before bottom. Now with some more reference points my original cycle high of near $180.00 is matching up to the ghost bars, though timeline will vary. Not to distant future looks...
Had the Doge Chart on here for a week or so too watch how things matched up. It called todays pull back so I think I'll be paying special attention to it now. Hopefully the rest plays out similarly.
Things look good from my rookie perspective. First the 20 min head and shoulders played out nicely. Now we have a double up from what I see. A Breakout of a symmetrical triangle and a possible cup and handle both of which point to the 1.90 range. See how things play out once it breaks out of the fib channel Not Financial advise.
Not financial advice. Simple analysis of previous cycle to forecast possible outcome for current cycle Based on meeting and passing of previous cycle ATHs. Lets hope this cycle closely rhymes with the last!