Sieb-47

Sieb-47

Read the chart, anybody similar thoughts. Please share your ideas in comments.

Sieb-47

XRP moved up substantially. 3 waves, my view of elliot waves. Idea is meant for me to receive feedback, anybody? And yes, as XRP fan, i would like to see 1.90 and higher. But never in a straight line, right?

Sieb-47

Was struck by following similarities. Previous start of bull run this year, first peak to .32 cents, follow by downward channel. Kinda progressed in horizontal trading up to breaking out from .265 cents, which led to top at .79 cents Copied fractal from August - November over current pricechanges. Again downward channel, kinda stabilizing aroud .49c in...

Sieb-47

See graph

Sieb-47

3 routes to consider

Sieb-47

Waiting for close >8400-8500$

Sieb-47

Lose key area, further retrace. Took profit, so do others, increasing selling pressure...

Sieb-47

Nothing to be excited about...

Sieb-47 Updated 

Levels of interest to watch closely. Clear rejection back into downward channel. In my opinion lots of sideway chops and few sudden drops that could bring us to the South side of the channel.

Sieb-47

BTC rejected from $8350, back in downward channel. Prepare for retrace.

Sieb-47

- See previous post, Bitcoin went North. - Bitcoin needs to pass key junction, otherwise retrace within downdward channel expected.

Sieb-47

See graph