- Major correction of XRP
- Support at 50% Fib. Ret. (1.48EUR)
- STOCHASTIC is in the oversold region (1st time since the bull run)
- ABCD Elliot wave is forming
- AFter D, If the 100% Fib. Ret. is hold, we are up for another Bull run
- Look for long position at 50% Fib. Ret.
- Sell Targets fib. extensions.: 138% (3.7EUR) and 161% (4.3 EUR)
- Watch for daily Heikn Ashi candle to turn from red to green for trend reversal at C.
- Support at 50% Fib. Ret. (1.48EUR)
- STOCHASTIC is in the oversold region (1st time since the bull run)
- ABCD Elliot wave is forming
- AFter D, If the 100% Fib. Ret. is hold, we are up for another Bull run
- Look for long position at 50% Fib. Ret.
- Sell Targets fib. extensions.: 138% (3.7EUR) and 161% (4.3 EUR)
- Watch for daily Heikn Ashi candle to turn from red to green for trend reversal at C.
Still looking out for a bullish run high.