Ripple long term prediction, Symmetrical Triangle

May 17, 2018

Looking at ripple I notice a symmetrical triangle formation with declining volume. Looking to bounce of the bottom trend line and hit our target (2), then proceeding to fall to our red target (3) and finally rising to our green target (3) before breaking out of the triangle and attempting to reach our target based off the price range from our green(1) to red(2).

May 18, 2018

Note

We dipped below our support line and then came back up. If we break this support line even more (bottom blue line) expect to go down. It is barley holding but lets see what happens

May 19, 2018

Note

Still holding the line. Continue to watch the bottom support

May 19, 2018

Note

Here's a closer look at how critical that support line is. We are bouncing off each time the price approaches it. This is a good sign, just need to get above it. I think its a good probability we will hold considering bitcoin is likely to go up right now as well, so surely XRP will follow.

May 20, 2018

Note

Bounced off the support line flawlessly. That green 2 wave has now started up

May 24, 2018

Order cancelled

Idea is now invalid... Followed bitcoin