RIPPLE (XRP) Update: Correction needs to finish, still bullish

in bitcoin •  7 years ago 

Here is a cleaner and updated EW count. The challenge of trying to count corrective waves is that there are 36 possibilities in pattern. Regardless, XRP will complete its correction of abc (red).


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I agree, it still is bullish unless 16 cents fails. But long term play here.

  ·  7 years ago (edited)

Are we looking at a bottom of .20?

Thank you Haejin :)

The last two waves could be 1 and 2 or a and b of 4 of c.

Any chance of this being explained in English for us newbies @yumyumyum! lol thank you ;)

I know! that's where I get lost. because it might not be that count at all. but it helps. If I had sold which didn't. i would be buying about now. but that is personal choice.

I sold at the top, so looking to get back in again, was nearly tempted last night at .4530 but had a feeling it might drop further. Let's see!

I placed my sell ladders between 0.28 and 0.295 after reading @srezz's analysis. I was tempted to buy back at 0.22 but didn't after their twitter fail.

Good job!

u think it's still bullish? How much u wanna bet on that??

I have place my bets.

let's make a wager now ;)

sell XRP then your betting against me.