SMShehab

XRP - Macro Symmetrical Triangle

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BINANCE:XRPUSD   リップル/米ドル
XRP - HIGH CONFIDENCE 20x ROI MACRO INVESTMENT POSITION (+/-18 Months to Target)

XRP is in the process of competing a final wave E of a six year macro Symmetrical Elliot Wave triangle structure.

Qualifying Criteria:
- Waves A through D of the triangle can all be observed dividing into subwaves of 3,3,3,3
- All subwaves can be seen finding resistance of subwave A at the centre line of the triangle
- All subwaves qualify with valid Fibonacci ratios between wave A and C

Forecasted E
- Elliot Principals Theorise that Wave E in macro triangle structures often terminate at the APEX of the triangle, which is visibly imminent towards Q4 2023.
- Elliot Principals Theorise that Wave E of a macro triangle most often terminates as another triangle, which can also be clearly observed through historical data analysis.
- A triangle wave E being the most likely outcome as we can see the constriction of volatility, indecisive sentiment and lack of volume resulting in a final consolidating price range
- Once the Subwave E and Apex collide we can expect an exponential move to the upside as volume, sentiment returns, and volatility expands.
- We can expect a 20x ROI with a high degree of accuracy from the current price level of 0.63 to around 15USD. Empirically evidenced by historical data of several assets with similar macro structures.
コメント:
The final ABCDE structure is playing out and seems to have just completed the D leg and we should see a final E leg form over the next few weeks further with consolidating price movements until a breakout on volume occurs, anywhere between March and May 2024 initiating the exponential move to our ultimate target over the next 12-18 months. The structure and cycle of the final ABCDE is deeper and longer than anticipated, but the dimensions are perfectly aligned to expectations.
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