COSTINC

COSTINC

After rising from 0.51 to 1.35, XRP is having a corrective ABC waves. As shown in chart, if AB waves are completed, the final C wave is in place. The target is between 1 and 1.618 of wave A (marked with the yellow square).

COSTINC

Bitcoin finished a 5 impulsive wave and now is in its C wave of a corrective ABC formation. The C wave should finish between 1 and 1.618 fib level of wave A (as marked in the chart). We can see the right shoulder of a head and shoulders reversal pattern (wave B).

COSTINC

Elliot Wave analysis shows GOLD is in its 3rd impulsive wave.

COSTINC Updated 

XRP is preparing for a 5th Elliot Wave down and it's currently trading in descending channel. If price go to 0.87, this idea is invalidated.

COSTINC Updated 

5th leg down of Elliot Wave. Comment is appreciated