i agree with the primary scenario change, this new wave 4 now fits the size of wave 2 at 0.618 fib time giving it a better look on the higher timeframe
I appreciate that and I'm glad you are taking risk management seriously! Doesn't matter if you are a good analyst, because you can also be a bad trader!
It's very simple, bad news, we go down, good news, we go up. No news: consolidation for a limited time, after that if there is still no news, we go down slowly. Does Elliot know when news comes out?
I have a count where the 1-2 wasn't abruptly complete, but an unorthodox expanded flat that started on December 3 last year, where that initial part that looks like a triangle is actually a tricky zigzag masquerading as a triangle. Which means the subwave 4 of wave 1 was a shallow quickie that happened in three days from November 23 to November 26. This would mean the faceripper after this current subwave 1-2 of wave 3 sorts itself out is next (if the bottom is in, of course). I don't know, for being the vanguard and next big thing, XRP suspiciously to me has quite a bit of 4th waves that look too shallow or overexaggerated and a bunch of truncated 5th waves built into it to throw people off and get them out.
Well said in regards to the possible many truncations that XRP might be observing, overall. It's a bit tricky to count because the SEC case has been such a crazy market maker for the price action! I think with all of that taken into consideration, since we just have a clear 5-6 year accumulation with higher lows being created, along with the contracting lines of the BD and ACE trendlines, it just makes sense to me as a possible triangle conclusion. I would say that there is also the possibility of a massive 1-2/1-2/1-2 in the making that could maybe fit in that expanded flat you stated, but overall, I think separation of degrees is key here and managing probabilities as best as we can -- along with risk management without being too bias.
Thank you very much for the update👍🤝 And...I agree,that this exp.flat wave 4 makes a lot of sense. However...according to my modest technical analysis skills,we could expect..as usually in case of this asset,a very impulsive 5th wave. And my target,based on HTF ascending channel and fibs,brings the target even up to 27-29$. But...time will tell🤔
Thank you very much! You're right, it's a big dilemma because many targets project $20+, but a lot of the symmetry/geometry also doesn't point to those levels when zoomed out. It's going to be a wild ride, and I'll be making sure to update as we continue to create corrective ranges.
XRP tagged both previous cycles ATHs and retested the last cycles in yesterdays dump, I have $5-6 fib targets, lets see where BTC takes it to. XLM, XDC, XCN are trading similar
![[생방송] 트럼프, 철강·알루미늄 25% 관세 예고｜오픈AI, 올해 자체 칩 설계 완료 예정｜TSMC, 1월 매출 +35.9%｜파리, AI 정상회의｜ - 오선의 미국 증시 라이브](http://i.ytimg.com/vi/FprdIcajuRg/mqdefault.jpg)
![[생방송] 트럼프, 철강·알루미늄 25% 관세 예고｜오픈AI, 올해 자체 칩 설계 완료 예정｜TSMC, 1월 매출 +35.9%｜파리, AI 정상회의｜ - 오선의 미국 증시 라이브](/img/tr.png)
Thanks so much for bringing out XRP updates, Some people still believe you can't make money in cryptocurrency
Thank you!
"I am a certified Elliott Wave analyst"...yes, you are :) must feel good to say it after the massive effort
hahaha! You caught that ;)!!
Where’s the eth video you promised you’d do? Thanka
The more you ask, the more it will be delayed 🫵🔥
@ that’s so sad. Good for u
Thank you for the TA.
You're welcome Bill!
thank You
You're welcome..!!!😇
My current purchase rate is 2.7 can sell at 2.75 and buy when exp down again? Or should I stay now
Watch the video thoroughly on my personal strategy. I am not a financial advisor on positions :)
Thank you for the TA
Thank you so much!
Thank you for precious updates.
So nice of you
Many many thanks!!
Many Many you're welcomes
i agree with the primary scenario change, this new wave 4 now fits the size of wave 2 at 0.618 fib time giving it a better look on the higher timeframe
Absolutely possible! and good catch 👍
Much appreciated
Much welcome!
Thank you!
You're welcome Ruhul!
Nice TA, Thank you again! Are you going to do an ETH one soon?
Yes, ETH is on the list
@@XForceGlobal Thanx XForce!
great work as usual. Will you do an ETH analysis today? Thanks so much 🎉
Thank you so much. ETH is on the list
Great analysis, as always from you, to the last detail. 🔝🔝
Thank you so much!!
thank you XForce 😁😁
You're most certainly welcome! Enjoy!
Thanks Eric
You're welcome, as always!
add certified “ Banana Roti lover “ as well to that LOL.. nice vid buddy
Hahahaha, you're too funny. Such an inside joke now 🤣
Hi Eric. thanks once again for a great video. serious question here - Can XRP still reach these wvae 5 levels if BTC breaks down below the 89k levels?
You're welcome Richard! As for your serious question, here is my serious answer :)
Yes, it can.
Thanks so much for update. Super super helpful..
I sincerely appreciate your support!
고맙습니다! ❤ 한국인 최초 엘리엇 웨이브 자격증 획득! 🎉🎉
너무 감사합니다~ ㅎㅎ !
if it falls below $2 I will be out, hopefully it goes to atleast $3
You are the only who actually teaches and practices risk management. You are one of a kind. Thank you for the update!
I appreciate that and I'm glad you are taking risk management seriously! Doesn't matter if you are a good analyst, because you can also be a bad trader!
so we could reach our targets within a few months? LFG
Absolutely possible
It's very simple, bad news, we go down, good news, we go up. No news: consolidation for a limited time, after that if there is still no news, we go down slowly. Does Elliot know when news comes out?
If it were that simple... we would all be rich!
@XForceGlobal you would be surprised on how many people dont even understand simple.
엑스님 너무 축하드려요 🎉🎉 혹시라도 다시 2불로 떨어지고 오를수있는 확률도 있는건가여?
감사합니다. 같은 질문 물어보시면 어떡해요 ㅎ 영항 끝까지보시면 답이 나옵니다. 감사합니다!
@ 영어가 딸리니 원 ㅋㅋㅋ한국어로도 좀 해주세요 🤣🤣
I have a count where the 1-2 wasn't abruptly complete, but an unorthodox expanded flat that started on December 3 last year, where that initial part that looks like a triangle is actually a tricky zigzag masquerading as a triangle. Which means the subwave 4 of wave 1 was a shallow quickie that happened in three days from November 23 to November 26. This would mean the faceripper after this current subwave 1-2 of wave 3 sorts itself out is next (if the bottom is in, of course). I don't know, for being the vanguard and next big thing, XRP suspiciously to me has quite a bit of 4th waves that look too shallow or overexaggerated and a bunch of truncated 5th waves built into it to throw people off and get them out.
Well said in regards to the possible many truncations that XRP might be observing, overall. It's a bit tricky to count because the SEC case has been such a crazy market maker for the price action! I think with all of that taken into consideration, since we just have a clear 5-6 year accumulation with higher lows being created, along with the contracting lines of the BD and ACE trendlines, it just makes sense to me as a possible triangle conclusion. I would say that there is also the possibility of a massive 1-2/1-2/1-2 in the making that could maybe fit in that expanded flat you stated, but overall, I think separation of degrees is key here and managing probabilities as best as we can -- along with risk management without being too bias.
Thank you very much for the update👍🤝 And...I agree,that this exp.flat wave 4 makes a lot of sense. However...according to my modest technical analysis skills,we could expect..as usually in case of this asset,a very impulsive 5th wave. And my target,based on HTF ascending channel and fibs,brings the target even up to 27-29$. But...time will tell🤔
Thank you very much! You're right, it's a big dilemma because many targets project $20+, but a lot of the symmetry/geometry also doesn't point to those levels when zoomed out. It's going to be a wild ride, and I'll be making sure to update as we continue to create corrective ranges.
Would love to see a local count update on LTC, Iove the insight my man 🔥💯
LTC is overdue for an update, will have that on the list!
@@XForceGlobal Looking forward to it, always appreciate the insight 🔥
Will you do xlm vid
Maybe, but it works very similar to XRP's price action so nothing really to update!
XRP tagged both previous cycles ATHs and retested the last cycles in yesterdays dump, I have $5-6 fib targets, lets see where BTC takes it to. XLM, XDC, XCN are trading similar
4.47
Thank you!!
$8-10? Lol - not this cycle.
We'll see! But 5-10 seems very reasonable considering many pieces of the puzzle are missing 🚀