Helllooo All!
It's me the Master of alll charts, back again with xrp against the USD pair. The most requested pair in my messages.
Accroding to the TA a surge to the upside is vital due to the massive bitcoin surge to the upside the past few weeks/months. After closely analyzing the xrp against the bitcoin it appears that xrp has retested the 2017 lows, and filled the gab, Thus a leg to the upside is no suprise. I will analyze the xrp against the bitcoin pair in my next post and get into much more details.
In the meantime, xrp against the USD pair is yet to complete wave 5. A completion of Elliott wave is required before the abc correction. At last, xrp is also printing an unconfirmed harmonic pattern that's yet to break B point, To minimize trade risk, wait for the RETEST after the breakout. If the price remains above the retest (refer to redline) I expect continuation to 0.34-0.36 levels.
Finally, if you have any question or different analysis please share them below
aaaand as always, don't forget to like and follow for more PREMIUM FREE content
It's me the Master of alll charts, back again with xrp against the USD pair. The most requested pair in my messages.
Accroding to the TA a surge to the upside is vital due to the massive bitcoin surge to the upside the past few weeks/months. After closely analyzing the xrp against the bitcoin it appears that xrp has retested the 2017 lows, and filled the gab, Thus a leg to the upside is no suprise. I will analyze the xrp against the bitcoin pair in my next post and get into much more details.
In the meantime, xrp against the USD pair is yet to complete wave 5. A completion of Elliott wave is required before the abc correction. At last, xrp is also printing an unconfirmed harmonic pattern that's yet to break B point, To minimize trade risk, wait for the RETEST after the breakout. If the price remains above the retest (refer to redline) I expect continuation to 0.34-0.36 levels.
Finally, if you have any question or different analysis please share them below
aaaand as always, don't forget to like and follow for more PREMIUM FREE content
