XRP expecting to continue to the upside. Wave (iv) may have ended at 0.6686 if so I expect an ascent over the coming sessions to suggest an impulse upper is wave (v). Target 1.03 - 1.12 zone
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Future updates will be posted as updates to this count.
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Good luck!
Nota
While price action stays between 0.6686 - 0.9380, we'll allow for a triangle to unfold in wave (B)
Nota
possible target for wave b of the triangle is 0.618 fib retracement of wave a. Also in that zone we have equality between wave x and y from a complex correction, wave b of the triangle
Nota
While price action stays between 0.6686 - 0.8547, we'll allow for a triangle to unfold in wave (C)
Nota
While price action stays between 0.7149- 0.8547, we'll allow for a triangle to unfold in wave (D). Clearing 0.7543 will add more credence to this
Nota
I am not excluding alt count with 4th being wave a from triangle and than 1 and 2 as we had a flat correction in wave 2.
Nota
Against 0.6686 we are looking higher for a wave 3 from a wave 5.
Clearing 0.7525 will add credence that wave 2 finished and will turn bullish
Nota
Against 0.6686 we are looking higher. Breaking the channel may change the trend up
Nota
Above 0.6735 we are looking to the upside to complete a wave (d) from a triangle correction wave (4).
Clearing 0.7068 may turn the price up
Nota
Watching for evidences wave (2) finished. Clearing 0.582 may shit the trend to the upside
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Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.