Well, my previous fractal analysis did not locate correctly the last, Fractal sub 3 pattern, leading to get the reversal on 27th instead of 30th March as initially shown on my first post. my mistake, the pattern was hardly recognizable, I get blurred.
anyway, let s bring more bread to the table.
- Supply volume descreasing as shown. Wyckoff pattern as well...
Dears,
Fractal patterns can be identified clearly now, XRP is replicating the main pattern up the final one (sub 4).
So I expect a full reversal by the 7-9 April once we will accomplished enough bounces.
We never crossed below 0.53 till now, despite several attempts already, because never the Fractal replicas will drag us below. KRAKEN:XRPUSD
Best
Rhynn
As described, we are currently drawing a nice inverse H&S.
BITFINEX:BTCUSD
We flirt between major supports and resistance levels.
I expect a bounce up to confirm at 8300, and then last leg to 9080 USD, where a break up can be expected to 9800 USD
regards
Rhynn
BITFINEX:XRPUSD
self explanatory.
2 scenarios either the forming pennant breakdown the uptrend line and we go down to 0.5,
or Bulls takes over and we will be back progressively to a new ATH overcoming on the way the major resistances.
However Buying volumes have declined a lot since last ATH in January, and we can see that bears struggle to pull down below...
