Ripple – 0.36=up / 0.27=down
Hello everyone,
In my last analysis I wrote: “Please keep in mind, that xrp could easily fall down to 0.04, if we will not fight the actual level down strongly!” The level which I am speaking of is 0.36/0.37. xrp failed there, so we have to keep in mind two scenarios:
Scenario 1 – blue lines, chance 70%
xrp is building a 1-2 setup. Now on its way down to complete wave 2 (dark green in square brackets) in between my green trading box. Ideally at 0.32/0.30. If so, we have very good chances to finally break through 0.36/0.37!
Scenario 2 – red line, chance 30%
xrp fails completely at 0.27. If so, we have to face courses around maybe even 0.04!
Please leave a comment or a message, if you have any questions!
Take care
tgo
In my last analysis I wrote: “Please keep in mind, that xrp could easily fall down to 0.04, if we will not fight the actual level down strongly!” The level which I am speaking of is 0.36/0.37. xrp failed there, so we have to keep in mind two scenarios:
Scenario 1 – blue lines, chance 70%
xrp is building a 1-2 setup. Now on its way down to complete wave 2 (dark green in square brackets) in between my green trading box. Ideally at 0.32/0.30. If so, we have very good chances to finally break through 0.36/0.37!
Scenario 2 – red line, chance 30%
xrp fails completely at 0.27. If so, we have to face courses around maybe even 0.04!
Please leave a comment or a message, if you have any questions!
Take care
tgo
HK-Capital-Management
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