Acel

XRP/BTC - Probably the easiest short call

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Acel Güncellendi   
BINANCE:XRPBTC   XRP / Bitcoin
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.
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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".

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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.
İşlem kapandı: durdurma seviyesi:
Damn you long wicks, it was so close.

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.