Watch for possible bounce at 61.8% though, this could be a killer liquidation move and very unexpected by most
istan90
⋅
@Rachel_T, overall do you reckon we could see the 0.30 cents region again before bullrun kicks in? im looking for next possible entry for long term holding, you reckon i should jump in now or is there a high chance for a drop? the 0.57 resistance levels been holding out for long so i reckon if it breaks there will be a big jump towards 0.9 cents so im really confused right now.
Rachel_T
⋅
Rising Wedge Found, Drop Incoming very shortly
Rachel_T
⋅
The Bearish Count (Added Extra EW Detail & Fibs)
Rachel_T
⋅
Fibs for possible bullish breakout of shortened uptrending wave C
istan90
⋅
what region do you reckon it will hit next if it is bullish
Rachel_T
⋅
@istan90, It will be Wave 3, so 1.618% target as (T1), with possible extensions to 2.618%, 3.618% and over extension possibility with low probability of 4.326% as per EW Ratio Throery
Rachel_T
⋅
XRP Very confusing right now, looks like a possible bullish breakout soon and a very short (odd looking wave C)