XRP
Long

New count of Elliott waves for XRP

Apparently, my last count was incorrect and I have to recount the Elliot waves. This is the beauty of Elliot waves, if your count is incorrect you start a new count with a higher probability to be the correct one. And always manage properly the stop losses and profits.

I started to count from a larger time frame to a shorter one. So, after wave 3, we started a triangle correction ABCDE. We are correctly on D, expecting to hit the trend line at 1$ and make the E move, After that, we will continue to complete wave 5 at around 2.6$.
Technical IndicatorsTrend AnalysisWave Analysisxrpusd

Also on:

Related publications

Disclaimer