StefanBode

Idea Update - only for discussion

BITSTAMP:XRPUSD   XRP / US Dollar
Only for discussion. I'm not happy with that count. Whats your idea?
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Sind Lebensversicherungen sicher?
Geld richtig investieren!

http://www.fondslounge.de
There were a few years of trade history prior to Bitstamp adding XRP/USD pair. I count these as a series of 1-2's in my version.

The series of 1's in your extended III count best as 3 wave moves, not impulsive. That's why I count the whole series as a triangle. Triangle's are most often 4th waves, rarely 2nd waves.

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StefanBode protechtor
@protechtor, Thank you for your viewing and counting. This looks much more harmonious and I will check and recount. Which data provider did you use or do you use here at tradingview instead of bitstamp exchange?
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protechtor StefanBode
@StefanBode, Gatehub has data back to 2015 for XRPUSD, but prior to that is not available with current data sources. Here is a link that can give you part of the trend... the first major move up and back down (probably the first 1-2).
https://www.coindesk.com/price-ripple-xrp-plummets-co-founde-9-billion-selloff/
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StefanBode protechtor
@protechtor, thank you
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protechtor StefanBode
@StefanBode, You're welcome. Note that on my chart, I can push angle of the trend channel down slightly than what is shown. It would allow for another dip (lower currently running through about .48) before a touch of the lower without breaking the trendline.
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StefanBode protechtor
@protechtor,
wave 1 to wave 2
02.12.2013 to 06.07.2014
18.12.2014 to 01.12.2015
13.12.2015 to 02.03.2017
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StefanBode protechtor
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protechtor StefanBode
@StefanBode, That count could work. If we break that lower trendline shown on my chart, it might be in play. Nice work!
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StefanBode StefanBode
@StefanBode, red (5) should go in area $ 5,35 -5,50.
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