TheSignalyst

RIPPLE vs BITCOIN - Will History Repeat Itself?

Long
BITFINEX:XRPBTC   XRP / Bitcoin
I find this combination really interesting! Drop - Higher Low - Break - Rally!

For now, the Drop is already done!

The question is: Will this one repeat itself?

We need XRPBTC now to make a Higher Low, then break above the previous swing high!

For XRPBTC to go up, there are three scenarios:

1- Ripple UP, and Bitcoin DOWN (best case scenario)

2- Ripple UP, and Bitcoin UP but with Ripple moving up more aggressively.

3- Ripple DOWN, and Bitcoin DOWN but with Bitcoin moving down more aggressively.

Let me know your thoughts ;)

~Rich

This analysis is done using RichTL
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