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Tolberti
Aug 22, 2021 11:18 PM

Ripple XRPUSD - Elliott wave + HUGE ascending channel! Long

XRP / U.S. dollarBitstamp

Description

- On the chart we can spot an Impulse Elliott Wave and ascending parallel channel!
- As you can see we are currently at the 5th wave to the upside, which can be huge!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The coin started this uptrend by the Head and Shoulders pattern.
- Target is top of the channel or 1:1 fib extension!
- New all time highs are near than you think.
- The volume is decreasing, which means, that a big explosive move is coming!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Comments
Marius2306
This is the 3 wave
Tolberti
@Marius2306 due to my Elliott wave we are currently in the 5TH
zyzyguy
@Tolberti, I am on the same page as you
craigcrg
@zyzyguy @Marius2306, wave4 seems to be overlapping wave1?
Tolberti
@craigcrg, Only by a wick, which is acceptable.
Tolberti
Post your questions, comments and related ideas about XRP here. I look forward to your comments!
FFG2501
@Tolberti, this is quite amazing..
Tolberti
@FFG2501, Thank you!
Tolberti
Thank you.
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