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.
protechtor
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StefanBode
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@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?
@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.
StefanBode
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@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
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.