RIPPLE (XRP): Uber Bullish! The Elliott Waves & Patterns all point UP! Check out this blog!
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SUMMARY
Check out the Bullish Ascending Right Triangle! The price is expected to bounce around within the triangle barriers but then as it gets close to the apex (the point where the two white lines intersect), price should explode towards the minimum target of $0.5414 and likely much, much higher.
The XRP/BTC is as bullish. Check out the Bullish Downward Pointing Symmetrical Triangel species. Remember the "Speciation of Altcoins" that's going on. There are three primary patterns, and XRP/BTC is displaying one of them.
No other analyst is discussing this: The Speciation of Chart Patterns on Altcoins! Yep, it's an evolutionary event. The below displays the three primary Bullish Chart types within the Altcoins and in such a bullish stage; Bitcoin is not to crash or top yet!
Species: Downward Pointing Symmetrical Triangle
Cup & Handle Species: The Chalices and Basins of Wealth
The Jaws of Wealth Species:
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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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.**
I'm not fan of ripple. But I'll buy some for some profits 😀
I would love to see Ripple rise to new highs as I really see a bright future for it. They are solving real world problems!
Oh btw, TKN will be delisted at Bittrex in a few days. After that there´s no big exchange left anymore to trade it. Guess that might influence your expected analysis quite a bit.
yes, that it's a good question....what's going on with tkn??
I hope you are right and since I have made money off of some of your other counts I think I will get some more ripples
Shhhhh...it's the quiet before the storm....KAABOOOOOM!!!
@haejin, images for 'Species: Downward Pointing Symmetrical Triangle' and 'Cup & Handle Species: The Chalices and Basins of Wealth' seems the same? are they correct?
It's got to be just a matter of time before Ripple absolutely blasts off. It's been nothing but down, at least in satoshis, for months.
Thanks for your work! Sent 0.1 LTC ... Good luck! Waiting for information on XEM
Nice post! I upvoted and followed you. Can you check my last blog post about crypto: https://steemit.com/cryptocurrency/@cryptoizotx/crypto-market-sentiment-update-december-3-2017 ?
I'll buy some just to pump and dump it... nasty coin. Not a fan.
So then you are nasty too!
how is it nasty?
Bank coin
Holding it tight. Fundamentals also favorable with the new hedge fund in Ripple and the upcoming lock up of escrow! Cheers