RIPPLE (XRP) Update: Can you sing a,b,c,d,e???
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SUMMARY
RIPPLE (XRP) Could form the 3,3,3,3,3 waves of an a,b,c,d,e traingle as shown below. If this is the case, it would certainly meet the "Hurry Up & Wait" syndrome. The time it will take to complete the a,b,c,d,e would be much longer than the time it took to place the impulse waves.
The impulse waves of five waves up was clasic and vintage Elliott Waves. The downward bullish symmetrical triangle also portended as written about in prior blogs, that a breakout was imminent. And the breakout can be seen with a vertical surge. The initial impulse waves are laid down with a short term target of 10,657 Satoshi.
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 just don’t get ripple. It’s a centralized currency. Why would it be better than fiat?
It's made for the banks to improve the system we currently have. I think it's smart because banks will not go away overnight. It's trying to replace fiat and become a standard over the SWIFT transfer system. Ripple uses its platform to help banks reduce their transfer to 3.4 seconds and a tiny fraction of the cost that other companies and coins charge.
I like it because it's not here to revolutionize the world just fix the one we currently have to make it a little better. Using blockchain technology for verification instantly makes it better than fiat.
Also I don't trade with bias or emotions so it doesn't matter if they're centralized or decentrailized as long as I can make my money off of it. Also if you think bitcoin is decentralized you would be so wrong.
Doesn't mean I have to support it AT ALL.
You don't have to love your whore my friend. Just enjoy the ride and and support and promote your loved coins. I'm a massive promoter of Dash but my investment in it isn't that huge. Put money on what goes up and put your love into what's genuinely great and deserving of your passion.
I love all my whores, what's wrong with me? @vimukthi
You are probably just loving the experience and thinking that it's the whore you are loving. So basically nothing is wrong.
Hell, I hate facecrook, but I wouldn't turn down a thousand shares if someone offered!
I wouldn't turn down even one of it :) Every increment counts.
I won't own any Ripple as it is antithetical to the very reasons for crypto and bitcoin .
Take your emotions out of it. Since you have seen Ripple sky rocket, you might consider hanging on for the ride, then let go when you are high. It is being adopted by more and more banks, so it will probably continue to skyrocket.
Don't confused "emotions" with principles... Buying Ripple is funding the NWO, the potential enslavement of all of humanity by satanic globalists. The Association of Credit Unions in America is NOT adopting/using Ripple XRP.. Tenx if I remember correctly ..
Who let you decide the point of crypto and it's use? Who said we all have the same goals with crypto? It's foolish to assume all people in the same vicinity have the same interests in mind.
Damn right. Nice comment.
I did not really much into it. But unlike a fiat bankaccount this can not be taken / stolen plundered by your bank if they need to rescue themselves - like in Cyprus a few years back? I think?
Very useful work. However, don't you think it should be made on XRP/BTC, instead? After all, XRP/USD movement depends on BTC movement.
I put a limit order on binance. I'm selling my ETH holdings for XRP when ETH reaches 0.0011 (which is approximately 77 cents). This is my first limit order; I started trading only a few months ago. I hope I'm doing this right lol
Dont really trust in ripple because of the banks. I will skip this crypto
All Support Him Please
https://steemit.com/bitcoin/@mdshra/all-haejin-s-support-your-followers-are-with-you-do-support-our-crypto-analyser-haeji
Making ANYBODY a "guru" or "high-priest" ... shaking my head.. no!
@haejin i just want to personally thank you for the recommendation of gettting into Ripple about a week or so ago. It has almost reached 5x since then. I appreciate the work you do and want to be able read charts like you one day soon. Keep up the work. We are here to support you for the work you do! :)
Buy him a beer !
If I had learned something that makes me 5x my money, I would buy my teacher a beer. I am impressed with haejin, I might buy him a beer myself, too.
I put my money where my mouth is. I sent haejin a beer (much more than a beer... a grateful "Thank you"...)
I will. I’m waiting on my other cryptos to boom though. I’m still in a little hole, but his predictions have helped me start to climb out. A couple more hundred dollars and ill be even again
Thanks!
Thank you for this great tutorial !
I am going to go through all of your tutorials, see if maybe I will learn something new for me.
They say "You can't teach an Old dog, New tricks." But I am learning !
Thanks!
Thanks @Haejin! Any chance you can do a BTC & BTS end-of-day recap?
He already did his BTC evening update, thinks one wave 5 of c could be placed overnight for one more lower low. Based on experience, that probably meant one more trip down for most alts too. One notable exception is Burst, which has tripled in the last 24 hours. Glad I got in on that a couple of weeks ago!
Here is Burst, FYI:
Due for a correction now. Chart probably shows waves 1, 2 and 3 complete (not marked), with double rounded bottom cup. Wave 4 should form the handle.
Burst has nothing to do with wave , TA . It was John Mcaffe's tweet behind it .
awesome post. i upvoted u. hope u do the same :)
So after the abcde your forecast in USD for end december what will it be?