XRP / TetherUSShort
XRP Correction after wave 5 incoming
XRPUSD completed its 5-wave move up, signalling a correction.
Broadening distribution channel paired with a bearish divergence on the top. Might push one time higher.
Wait for confirmation on retest on top of channel or at swing-failure.
I should've placed the "5" at the previous top, making this a Broadening Zigzag correction
Broadening distribution channel paired with a bearish divergence on the top. Might push one time higher.
Wait for confirmation on retest on top of channel or at swing-failure.
I should've placed the "5" at the previous top, making this a Broadening Zigzag correction
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