XRP / Tether USD
Long
Updated

XRP

369
LONG-
-uptrend
-Running Triangle- (second peak about same height as ATH)
-Elliot Wave Triangle Correction Complete ABCDE
-reversal candle with confirmation on point E
-BULLish Stochastic
-BULLish RSI
-BULLish MACD


-new trend recently established- was in downtrend then sideways trend (non trending). Now is clearly in an UPTREND. Price Cycle Theory and/or Elliot Wave would put end of overall movement at moon.
-hype surrounding this coin with coinable
-working product
Trade active
Averaged in at $0.74
Note
Price Cycle Theory states- 1 Major Price Cycle has 3 Minor Price Cycles. Each minor price cycle also has 3 smaller price cycles.

Using Elliot Wave this looks like only wave 3 of 5 of the first minor price cycle.
If these theory's hold up then XRP going LONG.

Good luck

snapshot
Note
inside bars breakout imminent- hopefully north
Note
boom!$! breakout

expect retest of upper boundary- hold tight! :) HODL
Note
as long as stays above $0.70 then still inside a tightening range

higher lows, lower highs- until breakout

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