Hello, Skyrexians!
Yesterday morning we did a big warning that altcoins will drop again. We expected the dump on Monday, but it has been started the next hour after our post.
XRPUSDT is not an exception and dumped with the entire market, but for this coin correction is not likely to be over.
Let's take a look at the daily chart. We can see the clear 5 Elliott wave structure inside the previous wave of growth. The bearish divergence signaled that trend is over and now it's time to fasten your seatbelt. Correction has the shape on zigzag, wave A was impulsive, wave B was ugly and now price is printing wave C, which has to consists of 5 waves as well. The target is $1.5. There we have to see the green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] for the potential uptrend continuation.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Yesterday morning we did a big warning that altcoins will drop again. We expected the dump on Monday, but it has been started the next hour after our post.
XRPUSDT is not an exception and dumped with the entire market, but for this coin correction is not likely to be over.Let's take a look at the daily chart. We can see the clear 5 Elliott wave structure inside the previous wave of growth. The bearish divergence signaled that trend is over and now it's time to fasten your seatbelt. Correction has the shape on zigzag, wave A was impulsive, wave B was ugly and now price is printing wave C, which has to consists of 5 waves as well. The target is $1.5. There we have to see the green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] for the potential uptrend continuation.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
相關出版品
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。