Bearish Flag in place for the next drop and the flag appears to be broken. Down we go!
I knew posting about XRP dropping would bring out the haters. :D Nobody wants to believe they are currently screwed by the way the market stands today. It will come back and it might hit my numbers, but the last 35 day cycle has been bearish and nearly everything has been down.
I've been in crypto long enough to know that it will come back. Patience is your friend. Stop being emotional.
Completed that target.. now..
Bearish Flagging again.. Target $0.90 USD
Target reached.. Bouncy time..
Trade closed: target reached:
When you're good, you're good. Hard bottom reached at $0.67. Bounce has commenced. Look for new charts. I just bought 50% more crypto and going to be trading some and picking a few long-term hold positions. Get some!
@dubowski, Elliot waves changes with the price. It is not a good indicator. Try using the thomas demark indicator. (free version on tv: TD sequential), this is far better than elliot waves that change to suit your needs.
@Ramozotti5069, It will go back up.. wait for it. It's been delayed by this consolidation period.. but it will reach $8-9, maybe 4-8 weeks off my initial target date (simply due to the recent downturn in the market, this is normal in high volatile cryptocurrency and things will bounce back).