XRPUSD bears: Red Alert ! Outer Moat Breached, Enemy at the Gate
Updated
XRP has been steadily working its way back up the Fib staircase.
It has now reached the Impulse Zone that Tether FUD had brought.
The Impulse Core (.382-.618) will have the most focused selling.
The Outer Moat was the 1.618 from last wave up.
The Outer Gate is the fib 1.0, bottom of Impulse.
The Impulse Exit is the fib 0.0, start of Impulse.
Breach of Impulse Zone should be worrisome for Bears.
Breach of Impulse Core could be dangerous for Bears.
Overrun of Impulse could cause defecation for Bears.
.
See some of my other ALT coins plots below.
I also plot the Big 3, Forex and Stocks, check my profile page.
BQX bottom (maybe)
ETH breakout:
ZRX breakout
XLM breakout
ADA breakout
IOTA Top
DASH top
ONT top
Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
It has now reached the Impulse Zone that Tether FUD had brought.
The Impulse Core (.382-.618) will have the most focused selling.
The Outer Moat was the 1.618 from last wave up.
The Outer Gate is the fib 1.0, bottom of Impulse.
The Impulse Exit is the fib 0.0, start of Impulse.
Breach of Impulse Zone should be worrisome for Bears.
Breach of Impulse Core could be dangerous for Bears.
Overrun of Impulse could cause defecation for Bears.
.
See some of my other ALT coins plots below.
I also plot the Big 3, Forex and Stocks, check my profile page.
BQX bottom (maybe)
ETH breakout:
ZRX breakout
XLM breakout
ADA breakout
IOTA Top
DASH top
ONT top
Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Note
XRP bears did kick the bulls out of their Den, but the Bulls have not given up the Outer Moat yet .
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