XRP Post-Capitulation Parabolic Move Soon
Updated wave counts after the previous corrective wave finished.
We stayed in the range previously forecasted.
In an ascending triangle at the .786 fib level and again at the 1.0, we are now very bullish. (thick orange/redorange)
light blue is just a guess and the faint grey line is fantasy. Guessing we bounce around the fib levels before we flip and go parabolic. This move will coincide with some news, my guess is the SEC lawsuit will resolve itself (not gonna guess how) and a re-list in US exchanges will happen.
I made this on the log scale and it looked better.
Not financial advice, etc.
We stayed in the range previously forecasted.
In an ascending triangle at the .786 fib level and again at the 1.0, we are now very bullish. (thick orange/redorange)
light blue is just a guess and the faint grey line is fantasy. Guessing we bounce around the fib levels before we flip and go parabolic. This move will coincide with some news, my guess is the SEC lawsuit will resolve itself (not gonna guess how) and a re-list in US exchanges will happen.
I made this on the log scale and it looked better.
Not financial advice, etc.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.