XRP/BTC Gearing up for its fifth wave up
XRP continues to consolidate near the 78.6% retracement, drawn from wave three. We are nearing completion for the Intermediate Elliott Wave in Purple. Wave 5 is approximately equal to wave 1, so we can draw it up to the 1.272 fib extension, at 8169.
I am long on XRP.
Good entry point (2853-2923)
Target exit (8165)
Profit: 286%
I am long on XRP.
Good entry point (2853-2923)
Target exit (8165)
Profit: 286%
Trade active
set stop at 250, in case hell freezes overTrade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.