jl1998

XRP fractals

KRAKEN:XRPXBT   XRP / XBT
Looking at fractals on XRP. IF the fractals play out, expect a pump with in the next 10 days to around 1050sats. If this occurs, it may suggest confirmation of fractals playing out, and therefore, the next move would be to short XRP at around 1050sats. This short would be a longish term position, with a slow bleed playing out. If this move plays out, then I expect support to be tested at 4000-5000sats.

Agressive play: long at current price with the expectation of fractals playing out, then close position at 1050 sats             and open a short

Conservative: wait to see if price pumps to predicted region within the next 10 days, and blue fractal plays out, as this would provide some confirmation of the fractals being accurate, then short.
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