XRP Long Position

15 Eki 2023

At the moment we are in the completion of wave four which happens to be a contracting triangle. The move up is going to be a ABC 3-3-3 for a Flat or 3-3-5 for Expanding (which looks more likely). I will take profit at the 0.5300 area which is close to the 2.1618 on the Fibonacci extension.

Also note that the RSI has moved out of the oversold area. Stop loss is around the 0.47 mark.

DYOR this is not financial advice.

16 Eki 2023

Yorum

BOOM! Wave A complete now! For a Wave B down which can be any kind of corrective movement