Having a look at XRP's recent up and down, it seems like an impulse wave has finished and there are two possibilities.
1) As above, there is a Bull Flag with 5 point correction wave. We are beginning the downward portion of the E wave and we should bounce from ~11,000 sats
2) If we have completed an ABC correction, then the recent spike (CD) is the beginning of a new impulse wave and we can expect a breakout from the flag sooner rather than later.
Pls comment and leave feedback, I'm always keen to improve and learn :)
Thanks
Rory
1) As above, there is a Bull Flag with 5 point correction wave. We are beginning the downward portion of the E wave and we should bounce from ~11,000 sats
2) If we have completed an ABC correction, then the recent spike (CD) is the beginning of a new impulse wave and we can expect a breakout from the flag sooner rather than later.
Pls comment and leave feedback, I'm always keen to improve and learn :)
Thanks
Rory
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.