XRP Inverted Bullish View

2020年7月4日

Inverting a chart can provide a unique perspective

Whatever pattern is present is valid, however, what gets "flipped" is the bullis/bearish narrative

This inverted 5 day chart on XRP clearly shows a Rising Wedge

Because Rising Wedges are formations that are BEARISH leading to a break DOWN in price on normal non-inverted charts,

Inverted charts flip the script: this is BULLISH and should result in a break UP

Take a moment to think on this and let me know if you have any questions.

2020年7月27日

註釋

This rising wedge may break down (UP!) very soon, $0.35 would very much confirm an extremely large move up for me

2020年8月1日

註釋

🧐

2020年8月3日

註釋

Definitive break

2020年9月28日

註釋

It is very common to retest a trend line

In this case, our pattern is a rising wedge, with the bottom upward trending line being a prior area of support within the pattern.

Given we have now broken this pattern, that same upward trending line has now become resistance. I fully expect another "drop" "lower" (remember, we're inverted, so drops lower are really rises higher in price)

2020年9月28日

註釋

2020年11月17日

註釋

Another drop is imminent :)

Initial target shown

2020年12月15日

註釋

Guys/Gals

How can you not look at this chart and feel like the prices will not "drop" further

Looks "bearish" to me, and that's good if you're long on XRP, as this chart is inverted!

Green horizontal lines represent some target zones

True fun begins when ~$3.5 level is taken out