XRP has been holding supports well and piercing resistances. The current jump to 27 cents will probably retrace most of it. Key support is 26 cents (.25917 to be exact) which MUST hold.
If the 3.618 breaks, the bullish momentum becomes questionable. Ideally we would see a bounce from 3.618 to the 3.236 in one move. Low Risk Entry a hair above 26 cents with a stop loss a hair below.
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page.
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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評論
Pretty clean Ping on the 3.382 now lets see if it falls to the fib below (as I am expecting) or if it blows through the 3.382 and hits the 3.236 before pullback (quite possible).