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Cryptowaves

NEO on the rise and going strongHello Traders, Neo is currently correcting it's recent upswing and right now could be a very good time for a long position on NEO. While consolidating inside of a bull flag after being rejected on the 1618 extension of the recent downswing, volume has been steadily declining while being high in the flagpole, which is what we want to see in a bull flag. The 786 retrace acts currently as a support and NEO could go up to test the 2618 extension as the next level. RSI is making higher lows and highs which indicates strength on this upswing. Stop Loss is set at the bottom of this downtrend channel Good Luck Everyone!
Long
by Caparisun
3
Ripple Wave 1/A and 2/B, Load Up and Happy CampingRipple has gone through a complete 8 wave cycle. Looking up to the next higher degree, this 8 waves conform into either a Waves 1 and 2 or Waves A and B. This leaves room to assume that the next movement, however it should play out, will form a wave 3 or C. This push will most definetly take prices over, or atleast on the edge, of the historic High. At this point and time we cant certify that the correction is over, however there are great indications in the 4 hour timeframe to believe prices have began a sprint for the top. In any case should the prices go down even lower, this should be nothing to worry, just hold the position and prices will resume to rise shortly.
BITSTAMP:XRPUSD
by alexiaarce97