Xrp Complete Fib Retrace?

BITFINEX:XRPUSD   Ripple / U.S. Dollar
This is my first post and analysis. Still learning... With that said, not that i am a big fan of the elliot wave but following the wave, using fib, stoch and rsi it looks like we will complete a full retracement to the .24 level. We broke the last fib retrace which was the 21.6 at .667 when we bounced off .55. We have some support in the .41 range but as I have learned the trend is your friend and this seems to be following exactly that. Just my opinion, as i said i am learning and any other opinions would be appreciated. Shout out to @MagicPoopCannon as i have learned quite a bit from his analysis. Thank you and good luck, this is financial advice to myself hahaha.
Comment: Looks like we had a small breakout to the .618 fib but couldn't break through. Sitting on some support@.99/1.02... I still think we are still bearish... If it can't hold .41 here we come....
Comment: If you are playing long, this is definitely not a bad price to get in as I see long term this is a great token.
agreed... .24 is a safe bet
I am an AUTO BUY-IN @ .25

I see this quickly hitting .226 cents the bouncing back up between now and Feb. 23rd.
I suspect though, prolly by Feb. 14th (Calling it the Valentines Day Massacre for all cryptos.)

Good call for your first chart!
And, may good fortunes be with you!

The Wiz
Kaliks WizardOfRealms
@WizardOfRealms, I think we are still bearish. Haven't seen any signs that would continue this breakout. We had decent volume but the sell volume has increased dramatically recently
@Kaliks, I am watching it... got out... did profit...
Kaliks WizardOfRealms
@WizardOfRealms, Dead Cat Bounce
Kaliks Kaliks
@Kaliks, well this has been a wild ride lol. It looks like it's trying to finish the right shoulder of an h&s on the 4 hr chart. If that happens, a rally to 1.6 before retrace. We will see..
Kaliks Kaliks
@Kaliks, sorry 1.35 Then retrace I think... still bearish
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out