SUMMARY
With the lower low confirmed on Ripple (XRP), what had looked like a wedge breakout has morphed into an extension in time and correction. What is clear is that this is a requisite correction taking place after the five wave impulse as shown by the blue 1,2,3,4,5. The yellow wxyxz as labeled in previous post had called for a lower low which has been confirmed by today's price action.
If the yellow Z is dissected with subwaves, the red abc is near complete because the white five waves down has only 4 and 5 remaining. The bottom is likely close approaching. Can the time and price extension continue with more sideways actions? Yes, but I think much depends on Bitcoin's actions because XRP will likely follow.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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SBD is already a lot
send a little
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Coins mentioned in post:
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love reading your stuff! nice quick read! thanks!
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Agree, price broke a 4 hr demand zone at $0.75., but approaching another opportunity to get on board at the daily demand zone where there buy orders at $0.40.
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You are just too skillful to compare..
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Nice post
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Bitmain Antminer S9 Bitcoin Miner, 0.098 J/GH Power Efficiency, 13.5TH/s
ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency
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very nice
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In this bear market a game can be great to lighten the mood :) Come check out Chibi Fighters. No levelling required.
https://chibifighters.io/
We are already in Alpha 0.3 and things look fantastic
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 125.30 SBD, based on the pending payout at the time the data was extracted.
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Congratulations @haejin, this post is the ninth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 45 and the total pending payments to posts in these categories was $2668.30. To see the full list of highest paid posts across all accounts categories, click here.
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The reports of cryptocurrencies are horrible, I have investments, I will inform myself and
I will wait patiently.
Thanks for sharing :(
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Update BitShares?
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What is there to say about BTS ? :) Complete destruction...
Get out of BTS. High token supply projects are death trap.
Thnk God I sold everything long time ago.
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