Its my first time on TV. Mom I'm famous!
I've been keeping a close eye on XRP since its retracement from 1.96 and have begun to take interest in the Wyckoff accumulation it seems to be working through.
My thoughts are we will hit the 'SPRING' at the 400D MA sat around .50 before as BTC drags down the market, we begin an A/B/C correction heading into our most impulsive wave 3 of XRP's bull run while BTC retraces to the before its final capitulation around 48-55K. XRP in the past has taken the market cap from BTC as it capitulates and continues upwards as the king falls.
Depending on where our Wave 3 ends up on the price action my 5th wave price point may change from $10-13 up to $27 which are potential Fibonacci retracement levels.
Please feel free to provide feedback incase I have a blind spot but 'so far' the analysis has been sound, that doesn't mean it wont change but we can take that one step at a time.
I've been keeping a close eye on XRP since its retracement from 1.96 and have begun to take interest in the Wyckoff accumulation it seems to be working through.
My thoughts are we will hit the 'SPRING' at the 400D MA sat around .50 before as BTC drags down the market, we begin an A/B/C correction heading into our most impulsive wave 3 of XRP's bull run while BTC retraces to the before its final capitulation around 48-55K. XRP in the past has taken the market cap from BTC as it capitulates and continues upwards as the king falls.
Depending on where our Wave 3 ends up on the price action my 5th wave price point may change from $10-13 up to $27 which are potential Fibonacci retracement levels.
Please feel free to provide feedback incase I have a blind spot but 'so far' the analysis has been sound, that doesn't mean it wont change but we can take that one step at a time.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。