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Xrp Longterm PitchforkLike always, some OPIUM for all xrp lovers. I had this pitchfork drawn on my chart for months now, I thought I'm gonna share it with you all. XRP is too easy to predict looking at this chart. Using LOG chart it's clear what's next. Any spikes below lower warning line should be the bottom for this cycle. Very safe play would be loading on XRP after it breaks 0.70$ on Monthly. Less safe play is wait for that monthly close above lower warning line and enjoy the flight to 251$. For those who are skeptical, look up my curve pattern on xrp (10-12$ is on the radar). Short term we might see spikes to 0.24-0.26$ region to capitulate. THIS IS NOT A FINANCIAL ADVISE GUYS. I post what I see. Not gonna get deep into possibilities, probabilities and other nonsense. I look at this chart and this is what I see. Target is inverted fib relationship of recent wave up.
POLONIEX:XRPUSDLong
by Patrikas10
WDL - Pressure cooker exploded, now at WL1If you follow the price step by step, then you hear it talking to you... ...nope, I'm not nuts §8-) Start from the left side and read, while you follow the price and give yourself time for your one thinking. First you can see price action, and how it unfolds. Then, there is the fork, catching the frequency of price swings very good. And in the end, we see that price has arrived at the WL1 - First Warning Line. So, WL1 means, price is stretched and is trying to "relax" again. This would lead to long move. What makes me even more certain is, that price created a kind of a stabilisation zone. Let's see how this unfolds. P!
WLong
by Tr8dingN3rd
EVHC bear cave next few daysAgain, most indicators are leading to a correction; I'm going short. With the recently tested 23.66 resistance, plus the blue downward-slopping warning line from the pitchfork, I'm guessing the price action in the next few days won't go above the 23.66 price point. The hourly and daily lower indicators (macd, rsi, cci, slow stoch) are all showing a possible correction in the near future. I'm guessing till the start of May. I'm noting the first reaction line is around that end time point, so it might reverse soon thereafter.
EShort
by Bwinks