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SUMMARY
Ripple (XRP) is channeling as you can see in below chart. I've labeled the a,b,c,d,e waves and it seems like a bit more channeling for the e wave to complete...and it shall! I've also added the subwaves of wave 3 and the sub-sub waves of the 5th of e wave. Then an impulse shall arrive to take prices to $0.541 or higher!
EXPLOSION ALERT!! For XRP/BTC, watch for this to happen. Ladder in!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
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but...but... the triangles though?! They have much to say!
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Haha, I like it :)
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LOL!
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Makes sense however, ive now stopped watching the typical news/youtube crypto stuff I did in the beginning. Plus so much mixed opinion...
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I'd suggest that people ignore the ALTCOIN/BTC ratio on these forecasts.
ALTCOIN/USD - all is ok.
Usually you can only buy ALTCOIN with BTC.
DO NOT trade your BITCOIN for an altcoin out of share greed (idea to make more bitcoin). Most likely you will lose BITCOIN that way.
If you like the forecast of an ALTCOIN then:
If you don't want to put MORE FIAT into crypto - then think really hard whether trading bitcoin for a particular altcoin is a good idea. Yes altcoins usually grow faster. Specially those, which are in an infant state. With that being said - don't get greedy (stupid).
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Go for the alt line! Just remember to always humbly and gratefully take your profits!!!
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Question; how can the Ripple/BTC prices goes x10 and the dollar prices goes x2 does that mean BTC prices go down 50%?
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BTC correction
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Do you not expect alts to suffer exponentially with a big btc correction? Like they usually do...
Also, do you maybe have an update on steem, not Sbd? Thanks!
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Here is how I interpret the charts in Haejin's posts: the btc and $ charts are completely independent of one another; the timeframes shown on the charts should not be taken literally (Haejin often says time is difficult to predict; and you should assume that these patterns will play out across different timeframes.
Having said that, I have seen the opinion written frequently that the btc futures markets will result in reduced bitcoin volatility as these markets have for other assets upon introduction. I wonder whether this could push money into late as speculators chase volatility for outsized returns.
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Upvote & resteem ... You do a great job, keep it up!!!
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A Good forecast but timing isnt correct
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Another bad joke.
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Ripple will not break $0.3 in near future. 😉
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says who? 😜
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says a not blind believer. Just think it over. Maybe the ripple will make some dollar profit, but this prediction is completely ridiculous. 2 hours ago Haejin made a BTC prediction, it is bullish, look at this one this is also bullish against BTC. Is this possible, what do you think. If you watch carefully his predictions you will learn it that his success rate is not more than 10%.
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Well, first you'd have to look at the time frames of predictions. BTC is for december.
XRP is for the 1/4 of the year.
P.S. I still don't understand ALTCOIN/btc ratio. BTC will correct is not a good answer.
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The first wave to 0.000015 till 0.000052 is in december too at ripple. 350% up when BTC is increasing. Everything is possible but I did see a lots of predictions from Haejin those were completely false. He is not using live trading view because of this. Would be too easy to check his predictions.
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Yep - i know he is very big on make a prediction and the fundamental news will follow - but i just do not see it with XRP. By design it is not meant to fluctuate a great deal in price so that big banks can use it and rely on it. Add to this the fact that 1B new coins come out of smart contract each month and can be spent by the company would make this a hard one to believe.
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See my response to sukovsky above
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Your post has been resteemed to my 2800 followers
I just activated the Power Resteem Service #26 for this post
Get 1 free resteem using the Power Resteem Service #26
Upvote this comment if you like this service
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Important post
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Think it says something about BTC that a lot of these alt charts say USD is correcting and the btc pair is in route to explode.
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Slightly different price chart on Bitfinex compared to Bittrex, rather doing a wedge than a channel. Did we already pass (e)?
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Boom!
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i follow your post dear ....may be a question
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