WhaleGO_BTC

Ripple Ichimoku Price Theory Analysis

Long
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BINANCE:XRPUSDT   XRP / TetherUS
●Ichimoku Price Theory ?
Among the important auxiliary Ichimoku Indicator of Goichi Hosada, theory, wave theory, price theory today I am going to analyze the price theory. The Elliott wave is stereotyped as five-par and three-par of rising and falling, but the one-sided balance theory believes that the wave will continue as long as the high and low points are renewed. In other words, there is a law of inertia that tries to continue in the direction of upward trend, or downward trend. But Price Theory has a different goal.

The key thing in this analysis method is to analyze the target value and the limitations of growth. In a metaphor, it has the advantage of being able to calculate in advance how much time you have left to run a long-distance marathonrace and how much you will control your pace.

1) The "V" Calculation = B + (B – C)
V calculated value: V=B+(B-C) occurs in a V-shaped wave. This is the wave that returns as much as it falls from B to C.

2) The "N" Calculation = C + (B – A)
N calculated value: N=C+(B-A), which is returned by the same width after C.

3) The "E" Calculation = B + (B – A)
E calculated value: E=B+(B-A) is obtained by adding the increase from A to B to B.


●Dead line?
Rise analysis fails when deadline 0.3665$ is reached. It can calculate the strategic loss zone in advance. The calculation theory B area can be judged as a departure and an analysis failure.


●What is the reason for the rise?
Please refer to the elliptical zone. The most basic signal of the Ichimoku is the golden cross between the TakanSen(T) Spans, which represents the short-term trend, and the KijunSen(K) Spans, which represents the mid- to long-term trend. Chikou(C) Spans can also confirm the establishment of an eventual trend.


●Where can I buy it?
I personally think of 0.3819 as a strong buying area, calculated in advance by Kijun Sen(K) and moved horizontally.


●Final Strategy Chart
Thank you for reading my poor analysis. I want to help you a lot. Any further analysis will be updated in the comments. You can easily get an alarm if you follow it.
Comment:

There is now a strong decline. Expected support area 0.3819$ is considered important.
Trade active:

Critical zone "E" reached $0.4744

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