Again, rare charting for me to reveal publicly...my concern is, once revealed, "they" will change it (whoever "they" are)! LOL! I trust that if they change it, I'll find the pattern again...apparently markets are more about algorithms driving price, and they will leave some type of 'markers', which they can conceal, but not completely hide! How else can one explain these patterns? Is it truly a market of supply and demand? Or, are we seeing the result of algorithms taking over, and thus, we believe that it's all manipulated?
This, to me, is one example (there are many) of how Elliott wave can be very useful! As I have been counting waves and applying it to XRP price, these patterns are really becoming obvious, and truthfully, maybe a little too obvious. It's almost surreal, or unbelievable! And yet, the patterns keep repeating....
The other day, I watched a video advertising the latest book about Billionaire Hedgefund manager, Jim Simons. Interestingly enough, and as I understand it, a large part of his success has come from "Quant Math", and repeating "Patterns"....let that sink in!
So, what now? A significant drop here, would be surprising and ultimately, I would be scrambling to find the pattern, but my current expectation is, XRP price is turning north, and we are experiencing a bottoming pattern, which is nearing it's end!!!
Good Luck!
This, to me, is one example (there are many) of how Elliott wave can be very useful! As I have been counting waves and applying it to XRP price, these patterns are really becoming obvious, and truthfully, maybe a little too obvious. It's almost surreal, or unbelievable! And yet, the patterns keep repeating....
The other day, I watched a video advertising the latest book about Billionaire Hedgefund manager, Jim Simons. Interestingly enough, and as I understand it, a large part of his success has come from "Quant Math", and repeating "Patterns"....let that sink in!
So, what now? A significant drop here, would be surprising and ultimately, I would be scrambling to find the pattern, but my current expectation is, XRP price is turning north, and we are experiencing a bottoming pattern, which is nearing it's end!!!
Good Luck!