adamicius

XRP max pullback respecting higher low & Kumo cloud as support

Long
BITSTAMP:XRPUSD   XRP / U.S. Dollar
This is NOT a prediction, merely a speculation/POSSIBILITY of how deep XRP might correct while still retaining an essentially bullish bottoming structure, including defending the first higher low!

Any deeper correction might spell trouble...

On the other hand, the pullback can be LESS severe - with earlier upward contiunation!

Essentially this version imagines a similar consolidation structure to the one in 2017...

Overall, it's just to satisfy my own intellectual curiosoity, so don't take it too seriously...
Trade active: So far so good...

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