Looking for a sideways consolidation as a ABC correction onto the green upward move support line. With the idea of forming a new 1-5 wave to 1.32c, as wave 1-2 should finish the bullish wedge flag. Buy price targets: 0.93-0.95c
Invalid if 0.93c is broken downwards.
Wait for this reject up at around 27-28c and then you can short it. I’ll be closing my short around 20c where the original first wave 1 started. This gives a huge return…
So on the 4h, xrp is currently battling a symmetrical pattern. Which only has another 24-48hour left in play. I’m really hoping BTC can drag itself back up to 44800 today allowing us to retest the remaining top part of XRP’s pattern.
Upwards break, provides a target of 1$, which zoomed out even further, hits the down trend resistance from 1.96. We will see...
