XRP / TetherUS
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my view

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I can see xrp to go futher down. i believed XRP/USDT still in the 3rd wave until it touch orange 3.618 extension line. 5th wave target is orange 4.382.
註釋
this is not financial advice.

快照
this showed ascending triange after downtrend which suggest continuation of a downtrend.
now, we can either retest the upper triangle and go down or go down now.
註釋
BTW, I'm not predicting the time in the chart.
註釋
i'm sorry, i made a mistake in EW wave placing.
快照

this will the correct one
註釋
快照
hmmm? IHNS
註釋
i'm suggesting Inverse HnS because the OBV don't really go down agressively as the price went down. if broke above neckline will expect 2.8% bounce up only then down again. don't this is 1 hour TF.
註釋
i guess the Ihns on 1 hour tf invalidated as supposed right shoulder go bellow head
註釋
according to the chart post in the comment on 12 dec,it showed that the 4th wave(yellow EW). please ignore the blue EW.
註釋
快照
im charting this new 5th wave outline as price broke down and retest the lower line of ascending triangle.
交易結束:目標達成
closed short with 16% profit and looking to reenter short at 0.208$
註釋
快照
price now in wave 3 of the 3rd in 5th wave
will reenter short around no.3(red) and exit at no.3 (yellow). next, reenter short at no.4 yellow
註釋
快照 wave 3 of 5th wave complete, seems like wave 5 of 5th wave will be fast
註釋
not financial advice. i put my long entry at 0.1585. if broke that 0.15$, lower support would be around 0.11-0.13$ and 0.03-0.06$.
註釋
ok im gonna stop updating this idea.
Peace.

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