As you can see in the chart we have a perfect head and shoulder .
But we have a perfect Elliott Wave 1,2,3,4,5 with the A,B,C correction
it is hard to believe , the players from the market will take heed of it, the vast majority are new on this market and do not know such formations like ( head and shoulder )
but we have to consider a possibility on retest the Fibonacci 0.236 or less .
if the news from February will confirm the rumors about Ripple and new partnerships , we will see a break out of the Fib 1.272 .
for now things are still unsafe to buy Ripple this week , but it's just my opinion , because I don't like this head and shoulder .
But we have a perfect Elliott Wave 1,2,3,4,5 with the A,B,C correction
it is hard to believe , the players from the market will take heed of it, the vast majority are new on this market and do not know such formations like ( head and shoulder )
but we have to consider a possibility on retest the Fibonacci 0.236 or less .
if the news from February will confirm the rumors about Ripple and new partnerships , we will see a break out of the Fib 1.272 .
for now things are still unsafe to buy Ripple this week , but it's just my opinion , because I don't like this head and shoulder .