RIPPLE about to EXPLODE [Bull Setup]
Check out the major FLASH CRASH that happened on Bitfinex a few days ago
Market Makers usually do this flash crashes to trigger stop losses before a major bull move happens
Mid term bear trend has been broken. Good sign for bulls.
Let's zoom in. Short term bear trend has been broken too
More good things for bulls!
Again, check out this major spike. Not a joke: almost any stop loss has been triggered.
Let's see the key levels for Ripple (XRP/USD)
Symmetrical triangle, a continuation pattern, is most likely confirmed.
A potential Elliot Wave Count
Conclutions
Ripple is presenting a bull setup for the mid-short term. Major bear trends have been broken and the symmetrical triangle is pointing out good things for bulls.
For informational purposes only. Not financial advice.
Trade safe.
More TECHNICAL ANALYSIS, TRADES & SETUPS:
· https://steemit.com/esteem/@luiggih/bitcoin-is-about-to-pop
· https://steemit.com/bitcoin/@luiggih/ripple-about-to-explode-bull-setup
· https://steemit.com/bitcoin/@luiggih/shake-shak-shak-short-the-high-haejin-says-bull-i-say-easy-short
· https://steemit.com/eos/@luiggih/if-you-re-not-bullish-yet-in-eos-just-check-this-chart
· https://steemit.com/beyondbitcoin/@luiggih/stellar-lumen-getting-ready-for-another-10-move-short-term-long-setup
·
This is an excellent and complete post. I like that you're back from vacation to give us some crypto market insights. I'm resteeming.
I could charge some steem for that for sure! However this is about getting the community involved and showing the utility of the TA to the people.
When the signal pops, i'll make a good post for NEO that you'll surely like.
Thanks for your support my friend!
its recovering well from a high of $2 to $0.6, now its headed up this is great , i had HODL some ripples and am excited
I've been into Ripple since it was 20 cents. However, I sold too early when it was around 1'05-1,10 levels. After a +500% trade in just a month.... Who could think this coin was gonna explode that much?
Now I've learnt the lesson: HODL Ripple for the win!
I had ripple at the same price and will not make the mistake of selling. There is too much upside in the next couple of years and I'm not good enough to know when big moves will happen. I've experienced in stocks of getting out, then having the position take off and missing the ride. I can handle the volatility for my ultimate payout:)
You'll do fine in the long run. Crypto is an emerging major market that will provide the best return compared to any other financial product available in the upcoming years.
Look at the amount of money that is pouring into crypto daily. Then, look at ALL of the things that still NEEDS to be done. That means one thing:we're still in the early stages (so we'll get a big chunk of return) and things will take some time. (patience will pay off)
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Great post!
Thanks for tasting the eden!
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