We are not going to the moon, but we have plenty space to play!
XRP finished the Elliot Correction Wave and continued the bullish trend. I can expect a move to the 0.3300-0.3400 range in the next 2-4 days but we have to broke the 200MA. Because in the last weeks the strongest resisist was this MA. It’s pulled back the price eight times. Also, there is a Diamond Pattern with 0,298 -0,299 resist. If we can't break it, then the...
The XRP has fallen too much, correction needed. Indicators are staying in the oversold area, and the fibonacci support help to change the trend. Also there is chance to create a butterfly (XABCD). Target 1.: 2,2-2,3$ Target 2.: 2,8-2,9$ (entry point.: the red X, when the trend ressist is broken (blue line).)
We can reach the 20k$ again in the next two days, but first of all, the btc have to broke the triangle.
We reached the ressist of the down trend, and the XABCD pattern is fulfilled. STOCHRSI and the Williams %R are staying in the overbought area. We are going down! Target 1 .: 9000$ Target 2.: 8500$
We touched the daily bottom, STOCHRSI and the Williams %R are staying in the oversold area. we are ready to go back. Target: 11000$ (0.786 fibo)
ABCD pattern and we are sitting on fibonacci 0.618. It have big chance to go back to the 360$(fibonacci 0.786). The 360$ also a ressist of the bearish trend. Target : 355-360$
If the trend continues then we can reach it. No drastic falls, the price is stable, and ready to go up. Indicators started to fall to the over sold area, and we have a simmilar pattern like on the 300$. You can see side move, but the trend can change fast. If you have btgs or if you are planning to buy some then be prepare to overbreak, and be careful.
We are in excellent position to buy some NEO. We touched the resist of the main short trend, and sitting on the fibonacci 0.618. Indicators staying in the over sold area and the Neo is ready to go back to the fibonacci 0.786. This move is totally fit to start to draw a perfect XABCD pattern. Target.: 40-41$ "Morpheus: There is a difference between knowing the...
Green.: Start to draw a Head and Soulders pattern (top of the head.: 300-320$) Red.: It's go down, back to the 160-170$
Short to 160$, then Long to 185$
Buy Zone - 150-155$ Target 1 - 200$ Target 2 - 230$