Updated- XRP:USD short term trend analysis
The driving application for pattern is based on fractals from 2017
This is an update from mid week last week
44 waves in total over ~60 weeks.
where are we now?
we have completed waves
1,2
we are headed to wave 3
wave 3 target
1.80-2.20
1.80=2017 fractal lift
2.20=0.236 FIB level 4yr trend based fib extension
2.00=3.618 on 1.50 push
begin break FIB time bar 13 (yellow vertical)
wave 4 target
0.86-0.59617
correction range large due to
high=0.86/probable support (long term support trend)
low=0.50 FIB level on 4 yr trend based fib extension
target fib time bar 34
wave 5 target
5.00 - 6.20
6.20=2017 fractal lift
5.00=3.618 FIB based on 0.86 retracement from wave 3 to 4
target FIB time bar 55
This is an update from mid week last week
44 waves in total over ~60 weeks.
where are we now?
we have completed waves
1,2
we are headed to wave 3
wave 3 target
1.80-2.20
1.80=2017 fractal lift
2.20=0.236 FIB level 4yr trend based fib extension
2.00=3.618 on 1.50 push
begin break FIB time bar 13 (yellow vertical)
wave 4 target
0.86-0.59617
correction range large due to
high=0.86/probable support (long term support trend)
low=0.50 FIB level on 4 yr trend based fib extension
target fib time bar 34
wave 5 target
5.00 - 6.20
6.20=2017 fractal lift
5.00=3.618 FIB based on 0.86 retracement from wave 3 to 4
target FIB time bar 55
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