Here is another similar set up on a different smaller time frame. ANOTHER reason I am SUPER bullish
on XRP right now.
As you can see we have another falling wedge with the 5th and final wave in Elliot Waves complete.
There are also 2 bullish divergences on the RSI+MACD! Not to mention a few more hidden ones in the
RSI
The TD Sequential indicator just flashed another 9 BUY signal! This TD Sequential signal paired up
with the ever so close impending cross overs on the Holy Grail indicator = exciting times!
The Holy Grail indicator is a little complicated but it is extremely useful if you know how to use it...
I've been using it for years. For this analysis I'm going to keep it simple. If there are enough interested
people to get 50 likes I would gladly do a full detailed introduction to the EXTREMELY handy Holy Grail
indicator.
Ok, time for the brief intro to the Holy Grail indicator...
The green and teal line on the holy grail indicator are highly reactive lines good for FAST MOMENTUM trades.
Teal is less reactive than Green.
The red line and the pink line gives more of a big picture of the local time frame. However, the purple line
gives an much larger view of trend. Red and purple, BOTH of these give GREAT crossover signals. The pink
line is some where between these two zones. Mid Range.
It's a classic dynamic of slower is more certain but misses some good opportunities, and faster takes most of
the trades but takes many positions.
Back to the Chart
When the green, pink, and teal lines cross through price it should be enough to push price up through the
falling wedge. Remember it has completed its 5th and final wave. OH right and the TD Sequential flashed
a 9 candle buy!
Then the red line waits just outside the falling wedge... Also remember that the red line is our 2nd most
powerful crossover signal!
Now you can understand why these chart formations coupled with other indicators has made me so BULLISH
on XRP at the moment!
Please remember to drop me a like! 50 Likes and I will do a detailed break down on the ever so handy Holy
Grail indicator.
In the image below this is the 4 hr chart. the red and purple lines are even closer! Even more so in smaller
time frames! XRP bull are about be be awoken finally!
on XRP right now.
As you can see we have another falling wedge with the 5th and final wave in Elliot Waves complete.
There are also 2 bullish divergences on the RSI+MACD! Not to mention a few more hidden ones in the
RSI
The TD Sequential indicator just flashed another 9 BUY signal! This TD Sequential signal paired up
with the ever so close impending cross overs on the Holy Grail indicator = exciting times!
The Holy Grail indicator is a little complicated but it is extremely useful if you know how to use it...
I've been using it for years. For this analysis I'm going to keep it simple. If there are enough interested
people to get 50 likes I would gladly do a full detailed introduction to the EXTREMELY handy Holy Grail
indicator.
Ok, time for the brief intro to the Holy Grail indicator...
The green and teal line on the holy grail indicator are highly reactive lines good for FAST MOMENTUM trades.
Teal is less reactive than Green.
The red line and the pink line gives more of a big picture of the local time frame. However, the purple line
gives an much larger view of trend. Red and purple, BOTH of these give GREAT crossover signals. The pink
line is some where between these two zones. Mid Range.
It's a classic dynamic of slower is more certain but misses some good opportunities, and faster takes most of
the trades but takes many positions.
Back to the Chart
When the green, pink, and teal lines cross through price it should be enough to push price up through the
falling wedge. Remember it has completed its 5th and final wave. OH right and the TD Sequential flashed
a 9 candle buy!
Then the red line waits just outside the falling wedge... Also remember that the red line is our 2nd most
powerful crossover signal!
Now you can understand why these chart formations coupled with other indicators has made me so BULLISH
on XRP at the moment!
Please remember to drop me a like! 50 Likes and I will do a detailed break down on the ever so handy Holy
Grail indicator.
In the image below this is the 4 hr chart. the red and purple lines are even closer! Even more so in smaller
time frames! XRP bull are about be be awoken finally!
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In the image below is the 3 Hr chart. Notice how close the crossovers are! OMG this is close!!!
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Still in the wedge!
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The picture above and this one here is XRP/USDT! This is a bullish set up with the holy grail indicator!
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Here is XRP gaining against BTC! Looks like a matter of time before the price surges in USDT aswell!
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Looking super bullish in the 12 Hr timeframe aswell. Dropped a TD 9 buy signal with a nice crossovers setup!
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Just getting fired up on the 30 Min....
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XRP BTC is getting ready!
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See in the abouve picture how the red and teal line are ready to crossover price line soon. further proves my bullish bias!
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Here I added some target prices.
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We tested the red and teal lines increasing likely hood of a impending bullish cross, and if that happens its time to BREAKOUT!
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Testing top of wedge i suspect we should break through soon.
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I do believe we could partly retrace close to 1920 sat. This would form a reversal pattern from the downtrend known as an inverse head and shoulders. Below I have a picture of what I believe will happen before break out commences.
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Here is a quick scalp I sold 30% of holdings looking to get some freebies! Sold into USDT @ 0.18759 BTC looking dumpy too! This is XRPUSDT 1 Min time frame quick scalp!
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This is me setting up my scalp. Should be a couple pictures back.
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This time its back to XRPBTC notice the different structure. Anyways just broke out of that wedge downward as expected!
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Tappering out of position on spikes expecting further downside yet.
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Sold out waiting for further decline to buy back in.
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The above picture is XRPUSDT. / The picture below is XRPBTC
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Here is a symmetrical broadening wedge on XRPUSDT I expect this to rebound giving us a new local high. Then further retracing to a new local low. I know its pretty busy.