Uncertainty on XRP
Xrp has a mind on its own.
-Currently escaped from bearish pitchfork which is a BULL sign and a safer moment to long with a proper Stop loss.
- 5/3/5 Elliott wave zig zag pattern where waves (A) and (C) are similar in lenght. Bullish sign.
- After completing the (C) wave, i cant find proper impulsive structure on a small time frame. Even worse, after moving up, move down looks impulsive. BEAR sign.
- Whole market is begging for a correction. Will xrp follow.
-Currently escaped from bearish pitchfork which is a BULL sign and a safer moment to long with a proper Stop loss.
- 5/3/5 Elliott wave zig zag pattern where waves (A) and (C) are similar in lenght. Bullish sign.
- After completing the (C) wave, i cant find proper impulsive structure on a small time frame. Even worse, after moving up, move down looks impulsive. BEAR sign.
- Whole market is begging for a correction. Will xrp follow.
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.