Brace for impact. #1Welcome to everyone interested in the Ripple coin!
I'm expanding my analysis upon this instrument as well(see my BTC posts).
This idea is the root idea every other post on Ripple
will be related to.
I base my TA on the widely known Elliot's Wave Theory
(influences as well: Prechter, Voronin(ov?), Frost).
The base wave map will be carefully analyzed
and all the predictions made are going to be based
strictly on the scientific statistical approach.
No voodoo-doll TA, strictly facts and well-reasoned targets,
only academically accepted theories and methods.
At a glance we have in our disposal a very strong position
potentially forming: the observable xyz(w)xyz(w)xyz correction
wave model is now almost fully formed(the very last z(+Z) wave
is being born right before our eyes).
The very same correction model has just ended
(as I believe, no promises, of course)
for the BTCUSD cryptopair. Look at this picture:
If it is indeed the point of the oversold state manifestation,
we will soon see new 1-2-1-2 groups of accumulated waves
popping out on every timeframe, and the rain of the divine
bullish rally will drop on us without any remorse towards
the sleeping bears!
This is just the first chart published in a series of charts
related to the Ripple coin.
Fire the "Like" butt., if wanna hear more ideas from me)
Peace, love you all, God pump the Ripple!
Please, feel free to ask any questions :)
