ETC in disbelief if the blue oval is tested and broken out of these are my targets.
target 1) 8.20
target 2) 9.75
target 3) 10.85
Carsonsgannishpitchfork
"This is how i view the markets" NewStyleTrading "CGP" TrademarkThis is a new style of trading i am currently perfecting refer to it as CarsonsGannishPitchfork (Module)
Or "CGP" (Module) for short.
If you have any correlating thoughts to my current ideas "XRP having one the best use cases in these regards", feel free to contact me.
Ripple (XRP) chart in attached ideas below.
Thank you and good luck.
My chart may seem messy, but my base idea is solid.
I made this chart Respectfully in 10 minutes.
My other thoughts and ideas were put together over the coarse of ~11 days period,
i'm working towards finding this pattern out and trying to reverse engineer it " To some degree".
This is what i am seeing play outWhite arrows (trend)
Purple arrows (Guidelines)
Could also fall into the massive channel to the right but unlikely IMO
Overview ending a bearish cycle~Nov:
This is the start of its THIRD "6 year" cycle
Respectively a "2 year"
as well as in its "1 year" cycle
And "6 month" cycle
Smaller "2/1" month cycles as well (Respectfully oscillating between Bear and bull)
ALL BULLISH 16k target around the start of October if it stays above black 12345 line.
4k bottom in the long run if it follows lows.
this market it ran mostly by trading bots Respectively> (miners)
They make up the majority here creating new blocks they are the driving force behind this market ATM do to low volume.
Higher volume = higher price respectively shown here
Get in on the dip how ever big it may seem it undoubtedly will come back with ~8x the force
Each zone correlation upward ~"costs" 2x per channel (1>2>4>8) from baseline.
Exponential.
This is my final chart for the public.
>While i research more into it and create a theorem of relativity to this
One day you'll ask yourself why you weren't following this chartRefer to one of my other posts (XRP has the best description and uses of these cases) to understand the correlation to the green and blue "Zones"
This effect is a new trading style i am currently perfecting Combining Multiple Pitchfork channels to act as a "Gannish" style PF to better represent "over bought and over sold" areas.
Further referred to as:
CarsonsGannishPitchfork (module): "CGP" (module)
Green = safe areas to travel in (unless coming into contact with blue zones).
Blue = Acts as resistance (Sometimes support) and sharp bearish "Zones".
The explanation may be confusing, if you are able to understand, but it may change your long term trading strategies.
(This seems to work best on "Stable" coins and proves less reliable on "Shit" coins".
"Once again Refer to Ripple chart for further explanation"
Fractal for Ripple (XRP) Refer to this as a ~"one year" cycle XRP TA and target Idea, will be continually updating, In related ideas below:
Comparatively to Ripples "ATH's" of May 2017 And "End of cycle" December 2017
Correlate very closely to "ATH's" of January 2018 and "End of cycle" July 2019
If you follow Ripple "Daily, Hourly, 15Minute" on a regular basis you will find continuous repeating patterns almost every day
Cycles work in tandem with each other Idea based from from Highs and relative lows of 2017 "Full cycle" ~(1 year), see how we are seeing the same growth/ consolidation periods, for the past two years or so?
Cycles as follows:
Start,
We started At "The end of a Bearish cycle In may 2017" (start of graph)
Then "End our Bullish cycle end of December 2017" (End of graph)
Which brings us to ATH's of 2018 (the start to our bearish cycle)
And the relative End to our bullish cycle July 2019
(This cycle lasted twice as long as the last one "Having two cycles (bearish and bullish respectively" to form one complete Bearish cycle)
While also,"Charging up in volume and slow increases in value".
This Asset is massively oversold at this point and is following a fractal, whats left to say?
My charts are unconventional, but very effective.
XRP could drop below ~28 cents to mimic my Fractal exactly.
Worthy to mention this is just the build up to a Possible 4 year Bull market for XRP if the pattern repeats itself.
Most probable outcome end of 2022 into 2023 Refer related ideasOverview of Roughly the next 4 years.
This is my Version of a Technical tool (Combining multiple Pitchfork Channels, into a "gannish" style over bought over sold zones)
Further refered to:
CarsonsGannishPitchork (module).
CGP
