We broke out of this downward channel and are now gearing up for the 3 wave of this Elliott Wave sequence Target: 1,000 sats
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10,000 sats*
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I drew the fib levels to show you where we could possibly see pullbacks. We are riding out the final 3rd wave of this Elliott Wave Sequence. FOMO might drive this higher than expected. Stay Tuned, and Stay Profitable!
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Use a trailing stop with this one, as it gets closer to its correction
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Didn't quite hit out target but 83% isnt bad. This is why its important to use a trailing stop-loss!
i was waiting for this your chart update .. thanks
UnknownUnicorn846565
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@bitcoinern, Noted. Will start posting in more detail :)
arc144
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Nice, I got into this one as well. But I'm wondering how are you measuring your target.. In my analysis both flag consolidation and extended fibs leads us up to around 7000~7200
UnknownUnicorn846565
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@arc144, Nice TA. Part of the reason why i chose the 2.618 is partly because thats usually always my first target.
Against the dollar its very obvious XRP is going higher and based off Crypto Elliott Waves the 3rd Wave is often the biggest of all.
XRP is a coin that really likes to fly when it goes bullish so i expected this leg to approach the 10,000 sats range.
arc144
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@JolleyCrypto, Thanks. Indeed, looking at XRP/USD it really looks like its going higher! :)
JayTanwar1
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is BTC impacting the wave ?
UnknownUnicorn846565
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@jaytanwar, BTC is encouraging the wave. Remember these coins dont move without Bitcoin's help. During the 3 wave of Bitcoins Elliott Wave sequence Alts actually parody with Bitcoin except they pump harder.