Ripple (XRP) : All Fractal Cycles Complete for BITFINEX:XRPUSD by Lezz

trendanalysis chartpattern beyondta xrp ripple lezz scalpingcrypto double bottom doublebottom bitcoin

This shows the 15min chart for XRP, which can be arguably interpreted as a better looking version of BTC's horrible effort with crayons..

It shows the completion of double bottoms throughout all the timescales..

Standard issue double bottoms have one sharp and one rounded side..

These have been misinterpreted as "Head and shoulders", "Tripple Tops" and many more for years.. I'm proposing a new outlook on charting..

There exists only the double bottom and double top..

If you're seeing something else, you're viewing it on the wrong timescale..

There does not seem to be a set structure in terms of which one goes on which side.. In other words, the sharp side and rounded side can alternate by either one being on the left or the right..

Please see the below images of the various other timescales for clarity on what I mean.. It will show the same repetitive pattern for all scales..

The completion of all cycles mean only one thing: BTC is ready to go up, since it too, has completed all the required steps of this 3 month dance..

Happy days..

Comment:

Same pattern on 3hr chart:

Comment:

And the day chart:

Comment:

Overall chart:

Comment:

Even down to the 3 minute chart:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.