Market circles, Elliot Wave Theory, patterns, they all point at the same path. DOWN.
Re-adjusted the fibs on this second post, 0.786 retracement should act as a strong support for the mid term at least.
Re-adjusted the fibs on this second post, 0.786 retracement should act as a strong support for the mid term at least.
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Ripple has more downwards action, sorry buddy, you are not getting out of here without hitting my targets!
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Both XLM and XRP are holding, for now. They have different cycles apparently...
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Although Ripple is going sideways the past hours, there is some strong fib correlations at 5.5-5.7 k sats.
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Ripple, MAY be reversing here. I will check the targets again tomorrow, sometimes its not a good idea to work with the long wicks, heh.
Bullish confirmation, is not "Enter a trade".
Bullish confirmation, is not "Enter a trade".
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Its probably still bearish. With this small count modification, bottom should be not lower than 6.4k sats. It has very long wicks for being more precise...
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Well, 6.3-6.4 i guess. Very nasty wicks and the oscillators dont help much.
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Barely!
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Maybe we have a bullish confirmation on Ripple. Either way, there are DIVs on oscillators so i would advice waiting for a retracement if you want to go long.
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Its too bullish, can reach 1$ on the usd pair, but too late to enter now, obviously.
If this is a first wave, i cant wait for the 3rd one. No further updates here.
If this is a first wave, i cant wait for the 3rd one. No further updates here.
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Damn you long wicks, it was so close.