🚀 BINJ TEAM sets up another 35X 50X Trade!!! 🚀

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Summary
Jay commenced the session with a positive sentiment, wishing the 'Winners' a happy Sunday and shared his excitement for the year 2023. He then segued into a discussion about XRP, promising to provide a long-term perspective. He reminded his listeners of their successful Ethereum position from 2018 and 2019, which resulted in significant profits, and said they have been replicating this strategy with Ripple.

Jay expressed his intention to guide his listeners on how to avoid making mistakes in their XRP trades. He pointed out that while they have been considering taking profits this summer, he wants them to avoid making mistakes and better understand XRP's unique characteristics. He proceeded to analyze XRP charts and compare them with Bitcoin, highlighting a large pattern that has been forming for a long time in XRP.

He noted that this pattern in XRP has taken twice as long to form as Bitcoin's pattern. Jay expressed his preference for trading chart patterns of this magnitude and length. Inside this pattern, he noted certain characteristics that signify XRP's behavior within such a chart pattern. After drawing a few lines to illustrate his point, he also shared that he had been enjoying his birthday week in a non-disclosed location.

Jay moved on to discuss the potential breakout points for XRP, emphasizing that they're still well within the pattern. He highlighted the numerous touchpoints on the trend line, which validates it. He explained that if the trend line exceeds a certain point, it can also be considered a breakout.

Analyzing the pattern further, Jay identified a series of shoulder and head formations that resulted in breakouts and returns to the necklines. He highlighted a W bottom pattern that was followed by a flag formation before the breakout to the upside. Jay then went on to explain how to measure the next upside target using this pattern.

Drawing attention to the massive upside potential based on the chart pattern, Jay pointed out that such a target may take two bull markets to reach. He then began to discuss potential targets for XRP, both short and long term, for 2024 and 2025.

Bringing Bitcoin back into the conversation for comparison, Jay noted Bitcoin's similar pattern. However, he emphasized that Bitcoin's position in its cycle was further along than XRP's. He mentioned that Bitcoin's X-factor potential had diminished over time due to its age. Nonetheless, he demonstrated how Bitcoin exceeded its target after breaking out of the pattern and explained that XRP could have a similar trajectory.

Jay clarified that he does not expect XRP to hit $54 in the 2024 or 2025 bull market, although he would be delighted if it did. He referenced their successful Theta position as an example of how his targets may change as XRP grows.

Finally, Jay showed how Bitcoin's price movement related to Fibonacci retracement levels and highlighted that a similar analysis could be applied to XRP. He expressed his intention to guide his listeners to points where they could potentially take profits, promising to continue the discussion in the future.

Disclaimer
The content shared in this presentation is intended solely for informational and educational purposes. It should not be considered as financial, legal, or tax advice. The views and opinions expressed are exclusively those of the presenter, who does not hold any licensure as a financial advisor or registered investment advisor.
Investing and trading in cryptocurrencies are activities that carry a substantial risk of financial loss. The information provided does not imply or guarantee success or any specific outcomes. Potential investors and traders are urged to consult with professional advisors before making any financial decisions.
Please conduct your own research and due diligence, and acknowledge that you are solely responsible for any investment decisions you make. The presenter is not liable for any potential losses incurred.