XRP / TetherUS
Long

My Idea Vs Coinskid's Idea

250
I have nothing against Coinskid, hes a great youtuber who posts amazing TA multiple times a day. I simply have a different opinion on where XRP is heading short-term.
Top- My idea
Bottom- Coinskid's idea (roughly)
twitter.com/tomskiweb/status/1432651245924331523

My idea:
I think XRP will soon break out of a symmetrical triangle because:

-Bullish symmetrical triangle formed after impulse waves/correction
-RSI broke out of resistance and held support
-MACD crossed bullish as well as printed green histograms on 4h chart
-Double bottom formed at VERY strong resistance/support level
-5 wave within wave "C" formed already
-0.382 retracement target met with a double bottom, this is a common level to retrace to during a parabolic uptrend (wave 3)


Coinskids chart flaws:
-RSI bullish breakout + back test of resistance as support = bullish, not bearish
-Descending triangle target well below 0.618 level (which is already unlikely to be met during parabolic price action) and even falls below 0.786 level
-MACD bullish, not bearish
All of this = negative price action?






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