i wouldnt disagree with your critique'...
but man it hard to fight this bull,
especially in a couple of hours when asia wakes up@
as well btc being over bought on the 15 min chart...
thanks and good luck
idontknowwhat
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@aandp4life, Asia is awake, it's 00:07am. Maybe in 9 hours.
VoDuyVuong
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@aandp4life, Sorry I dont understand your ideal so much. Can u make your point specificly?
Newbie_trading
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you nearly predict the bottom and top lines exactly. Keep following! Thanks
Blowfro
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I really like your analysis here. I agree and think a bigger short term drop to around 3000 would be the the bottom of the handle in the cup and handle that is forming on the daily chart.
VoDuyVuong
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I think u guys missing my point here. I am trying to predict price in short term not long term in this post
jajaveve
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Interesting but I disagree. I suggest that you look at the 4hr instead of drawing these basic trendlines on shorter timeframe. XRP is severely underpriced right now and with BTC seeming to top off for the time being it is very dangerous to short. I shorted yesterday to 3800 and closed, picked up again from low 3700s and expecting a full blown break anytime soon. Best of luck
Look at larger TF plz...
VoDuyVuong
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@jajaveve, 1. (Basic trendlines) Basic Elliot and fib lv maybe is old and not accurate enough, but triangle Elliot has its accuracy really high.
2. i always want to see a healthy market develpment take time to stable new price rather than some pump and dump effect.
3. U shorted at 3800 and pick up again at 3700s is really bad choice. ITs not that much profit to take when u think XRP is undervalued. With your ideal I suggest you hold in long term when u think its uptrend.