what i see in xrp is, that is about to finish wave 2 in a bullish trend on the ( daily-weekly). and it has formed a BIG descending triangle, if this scenario plays out perfectly, we will get a last touch on the 7 months old support. if that plays out. i´m pretty sure we will be looking at prices around 0.35-0.50 in ending off may. (maybye april) if you pair the...
i think we still are in a correction in the big picture.. but a correction have subwaves, and here is my wiew on where we are heading too. details in the chart. looking for long´s around 1.12900 trade safe.
i think its ready to fly
okay, so it was the short scenario there was playing out. and i really didnt see that is was going to drop so much, but it did. and it´s just fine whit cheaper prices rigth ;) i was in a LONG position and got stopped out ( off course ) no need to cry abaout a loss. that´s just how a market works. if you can´t accept that, you will never be a trader. i dont know...
i think we have found a bottom. consider to go VERY LONG on this one :) not a trading advice. trade safe!
IF !! we still are in a big bullish flag, we will still need to finish the last C wave off the 5 wave. and remeber the rule. the C wave in the finishing 5 wave can be very LONG! wich means we will drop a lot. if this is what this pair is doing. we can begin to by back in 0.31300 - 0.31150 range if this scenario is playing out. I think we will go very green in next...
as we can se, we failed to close above 0.32650 yesterday. and as we can see. the bears are now in control. i think we will go down to the big blue line, that is a very interresting fib. level, and also ( compared to the bull-run off 2017) a very big by zone. if we can go down and reach the levels arround ( 0.31000 - 0.30960 ) in the big green box. we could, put in...
the bullflag from yesterday has been confirmed, and the 0.31800 was a major support. and has given us a good bounce. i belive we are in the bottom off the 3 wave ( in the 1 wave in the big picture) acording to elliot wave count. if support 0.32200 will hold, i belive this could give us a good rally to 0.32900. if we ( CLOSE ) the day ( 24.1.19 ) above 0.32650....
xrp is inside a giant bullflag on the daily, and if suport area 0.31800 holds, we could see a rocket go too the moon soon! the big blue line is bottom from 2017.
two bearish scenarios, based on EW count (only what i see) details in the chart trade safe!