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Q: Ripple me this, Riddle me that -- what do you get when a back test holds? (For Samiam) A: The Bull gets let out of his pen!

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I managed to pick the target correctly for this last pop higher, and while I've remained bearish on Bitcoin, I did mention awhile ago, that the big correction could've ended on the last major low, and I gave my reasons why. Right now I'm 50/50 on Bitcoin, and it's resting on a major line for me, which I've known for quite some time, and now you know "the line",...

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I know that HOLO has been a popular coin for some time within the XRP community. I didn't know it existed, and heard it on one of the XRP channels, and began to read more about this company and coin. As I watched the coin, I began to get my bearings on the coin, and I realized that this looked really bullish, and I bought at the low, and I was fortunate to watch...

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This count is a second part to the previous count, where I mentioned the purple boxes and I highlighted 2 areas, which I mentioned I would discuss in further detail. So, basically the boxed in areas are actually 5 wave impulses, and NOT corrective at all. The outcome would make a huge difference - in that, the result would be a very BIG impulsive move heading...

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The finer details of the triangle (in red) and how the elliot wave count applies to this price action, and what to potentially expect. When I look at multiple alt-coins across the board, I see a potential push higher, and then an immediate retrace, which may be the last attempt to exhaust the BULLS!

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Sideways triangles can get long and boring! They feel like they can take forever, but when they complete, and the price moves in the direction of your favor, it gets intense to watch! The thing to remember about triangles are: the further price moves into the pinnacle of the triangle, the more explosive the price. And, once price moves about 65% into the triangle,...

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@alex: One potential count that would indicate the wave 4 is near complete.

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I thought while I'm at it, I would update the Elliot wave count heading lower. As posted a few weeks back, I give the current low in December a small chance that it was the final low, and I see currently, wave 4 taking longer than expected. What would change my mind, and believe the bottom is in? Bitcoin's price really needs to be a powerful move heading north....

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This is NOT the typical Elliot Wave counting, but it is an Elliot Wave concept where the number of waves can be counted, which would consist of any 5, 9, 13 or 17 countable waves. In a way, I would classify this as a "fractal", and while there are certainly some differences, there are definitely some similarities, and these similarities can help us define where we...

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The price can remain in this triangle for a lot longer! The longer price remains in this triangle, the more it begins to look like Bitcoin's sideways triangle, and we all know what happened at the end of that triangle...price broke down! Currently, the 200 weekly moving average sits at around 23 cents, and I'm not convinced that price will move to higher ground...

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The Alternate bullish view. I will post a few other charts of possibilities for the XRP price later. Good Luck!

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The Bullish view. Price cannot afford to go much lower, otherwise 20 cents becomes a reality! I favor this count more than the bearish scenerio, especially since price had the opportunity to drop much lower but it has stalled (for now). I wouldn't be surprised to see this move rapidly higher! Good Luck!

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I've heard many people think that XRP has support at 27 cents, but if you look at this chart, you''ll see that the 150 Weekly MA has been acting as support, and if price drops below that, then the 200 Weekly MA comes into play quickly! Consider that Bitcoin hit the 200 Weekly MA in December...Is Bitcoin still leading this market? Maybe!

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Although my primary analysis will be XRP, I thought it would be important to clarify my outlook on Bitcoin, which I will update from time to time, and use it as a guide to XRP at the same time. The picture has details and spells it out!

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My analysis will primarily be XRP, while occasionally I will analyze other crypto's as well, in order to help gauge XRP. This has been a main elliot wave count that I have held, and I will continually modify or enhance as price allows. Good Luck!

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It doesn't take much experience to see the consolidation happening, but understanding where price will go after the consolidation does! Good Luck!