RIPPLE (XRP) Bullish Explosion OUT of an A,B,C,D,E TRIANGLE! What does this mean? See this analysis!

in #bitcoin7 years ago

SUMMARY

When doubt, always remember that Cryptos just LUUUUUUUV Triangle patterns! The below shows how XRP SURGED UP and OUT of the a,b,c,d,e triangle. Not how the left white impulse five circled white waves become the subwaves of blue wave i and how the a,b,c,d,e become the subwaves of blue wave ii. That means blue wave iii is next and it's already starting with a bull vengeance! Target is now $1.03

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Elliott Wave Counting Tutorial #1
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Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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Anyone counting waves? I counted 3rd one from iii wave.

Can you do an update on any of the Chinese coins like Metaverse, Bytom, NEO, Hshare ?
Thanks in advance.

I agree, Metaverse (ETP) and NEO seem like they are in Limbo.

ETP actually had some wallet issues. So I'm only cautiously optimistic for the next few months. They'll certainly get their things together eventually. But for a short term trade, I'd rather wait for @haejin or some big announcement with still time to get in. At least I'm geting GAS for my NEO. That's at least something. Same goes for my tiny Waves balance that's on lease.

BYTOM would be cool

glad I didn't sell earlier when it hit your prediction, felt higher was in the charts ;) still not even sure ill set at $1... after that it should do an ABC?

Any thoughts on if how that might look. Market seems bullish so could correct quickly or fall into the hurry up and wait syndrome...

Hahaha long awaited haters regret. HODLers rejoice!
@haejin
Man I got impatient as it was held up majority. Got gains from other coins but forgot to switch half of it back! Haha oh well a wins a win.

Thanks for your article. Great insight. Problem with ripple is it gets plenty of hype but doesn't sustain for too long generally. Xrp are so fast that there is no need to hold it in stock. That's the only shame.

I really love your stuff man. the studies, I wish I paid more attention to your stuff. RESTEEMED! I hope everyone can support each other so we can make this community grow =]

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CryptoZen

Hey haejin, how’s it going?

Man, your targets always freak me out haha. They’re always so optimistic and at first glance I’m like ‘no way this is ever going to be hit!’

But this is crypto and we are living in some crazy times. Keep up the excellent wave analysis. I’m a big fan.

Check out my entry focused Ripple blog here. I think they actually both go together quite well.

$1 Ripple, wow, he's hoping!

I am asking to all the commenters, why to hold this coin that due to his massive total supply grow in a such slow pattern? there is so much out there. jsut pick up a better one. Qash, Siacoin, Dragonchain, QSP come on

Just to sell.

The breakout I was waiting for. And what a breakout!

Spot on! But I believe the current bull run attributes to a bunch of reasons that I've listed here.

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