- Major correction of XRP - Support at 50% Fib. Ret. (1.48EUR) - STOCHASTIC is in the oversold region (1st time since the bull run) - ABCD Elliot wave is forming - AFter D, If the 100% Fib. Ret. is hold, we are up for another Bull run
- Look for long position at 50% Fib. Ret. - Sell Targets fib. extensions.: 138% (3.7EUR) and 161% (4.3 EUR)
- Watch for daily Heikn Ashi candle to turn from red to green for trend reversal at C.
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50% support did not hold, looking out for 38.2 support level. Still looking out for a bullish run high.