RIPPLE - The Time Is Near... ⏱🚀
It is almost time for us to look for buys for Ripple. In our last Ripple analysis, we were looking for one more move down back to the 0.50 to 0.55 level. See previous analysis below:
Currently we appear to be in an ABC correction and nearing the end of C wave. After the completion of C wave, we are anticipating the next impulse (which is going to be a big one!)
We are fast approaching that level and the weekly timeframe is indicating that there is a MASSIVE bullish move coming. See below:
In Elliot wave theory, the 3rd motive (impulse) wave is always the biggest and we may see that for the next bullrun. This is one trade that should not be missed!
Trade Idea:
- Watch for price to come back down to the 0.50 to 0.55 level
- Look for bullish price action and that level to hold
- Enter with stops below that level
- HODL. This could be it. Moonshot.
Do you agree? Got another view? Let us know below.
Goodluck!
Currently we appear to be in an ABC correction and nearing the end of C wave. After the completion of C wave, we are anticipating the next impulse (which is going to be a big one!)
We are fast approaching that level and the weekly timeframe is indicating that there is a MASSIVE bullish move coming. See below:
In Elliot wave theory, the 3rd motive (impulse) wave is always the biggest and we may see that for the next bullrun. This is one trade that should not be missed!
Trade Idea:
- Watch for price to come back down to the 0.50 to 0.55 level
- Look for bullish price action and that level to hold
- Enter with stops below that level
- HODL. This could be it. Moonshot.
Do you agree? Got another view? Let us know below.
Goodluck!
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