I read people's ideas, and I think: why complicate things? My ideas are based on Elliott Wave Theory. Looking at the daily chart, and the hedgehog is understandable (the Russian expression means it's simple)) that it was one wave from the whole model, and now we see a correction that ends at 0.618 Fibonacci level. Looking a little deeper, this is a C wave of a...
after yesterday's growth(wave 1), the price was adjusted to around 0.682 fibo level. now we must see the wave 3. our goals are: 0.0017 and 0.002. MACD(this is macd do not laugh) and DMI confirm movement up. buy 0.00120 - 0.00128 stop loss below the start of the wave 1. good luck guys.
wake up. it's time to grow. MACD (yes it's such a fashionable MACD)) shows a buy signal. DMI allows the opening of a long position. if you take a wave analysis then the goals for taking profits are 0.028 and 0.037. More precisely, the goals will be known when 1 wave in this 3 big wave ends. buy 0.0159 - 0.0164
There are no signs of an end to the correction. Big jumps of BTC greatly influence the price of the ripple. And it is planned. Buy between levels 0.5 - 0.618 I'm leaning more towards 7200. At this level there is a wall for 140 btc. There are walls before, but I think that they will be easily passed. DMI against opening long positions. Sorry for my "perfect" English. :)
As can be seen from the graph, 5 wave ended exactly at 2.618. The price needs to be adjusted so that the upward movement continues. Since this is 1 wave of the highest order, approximate correction end zones are 0.5 - 0.618. MACD and RSI are driving down.
The first wave of the 4 hour chart was over and now the correction. However, as in the whole market. I think the goal is between 0.5 and 0.681 Fibonacci levels. What do you think?:)
The end of the second correction wave is indicated by the positive bullish divergence of MACD and RSI on the hourly chart. Sliding DMI assembled at level 20 and the intersection of this green level will give us permission to open a long position. The objectives are 9200 12000 and 18000 Satosh. Buy 4200.
Now we are in the corrective wave 2 of wave 3 of higher order. MACD , RSI and DMI confirm the movement down. Most likely the price pushes from the trend line and goes up (but it's not exactly :) Goal 960 and 1200 Sat. Buy 558 - 611 Sat. Targets 960 and 1200 Sat.
Buy 53-65 Sat. Sale ??? Now we are in the 2nd correctional wave. DMI and MACD confirm the continuation of the correction. The goals will be visible when the correction is over. If the price for some reason goes up, you can join 80-85 Sat. GL HF