tarzibou

Elliott Waves Forecast

Long
tarzibou Updated   
KRAKEN:XRPEUR   XRP / Euro
Just an attempt to count Elliott Waves for XRPEUR from 2017-12-12 to 2018-01-06.

If wave 5 of the minor wave (the bold cyan one here) is correct a minor correction scheme (purple ABC) should follow before we move up again with the next impulse wave (purple 12345, which time range I made shorter in order to make sure you can recognize the wave counting better).
Comment:
The last waves could also be counted as contracting 5-3-5-3-5 triangle:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.