Ripple appears to be in subwave 2 of the bigger wave 3. The subwave 2 is made of an ABC correction, which we can see is being formed.
We are looking for bullish price action at our buy zone to take XRP to atleast the 0.95 level.
Trade Idea:
- Watch for bullish price action at the fib levels indicated
- Once bullish price action appears. enter with stops below the recent lows
- Short Term Targets: 0.9, 0.95
Please note that the ABC correction may become an expanded correction, at which case we will be looking at the 78.6 fib.
See our previous analysis here:
Goodluck!
We are looking for bullish price action at our buy zone to take XRP to atleast the 0.95 level.
Trade Idea:
- Watch for bullish price action at the fib levels indicated
- Once bullish price action appears. enter with stops below the recent lows
- Short Term Targets: 0.9, 0.95
Please note that the ABC correction may become an expanded correction, at which case we will be looking at the 78.6 fib.
See our previous analysis here:
Goodluck!
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Related publications
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.
🥃 Crypto Signals Since 2017 🥃
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
Related publications
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.