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jespergarm
Aug 10, 2021 6:22 AM

XRPUSD short to 0.25 then long to 10 Short

KRAKEN:XRPUSD1D
Ripple / U. S. DollarKraken

Description

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The idea is that XRP follows BTC and BTC is headed short now in wave C
XRP is in an expanding wedge which will expand wave C to 0.25 to finalize the correction of minor wave 4
Then up to finalize minor wave 5
Lets see, not financial advice, just how I intend to trade it. Good luck!

Comment

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Any thoughts?
Wave Analysisxrpusdxrpripple
Comments
Latto
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Xrp at 0.25? No! I don see xrp going below 0.50, bulls are still in control. Am still holding my bullish positions
jespergarm
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@Latto, Seems accurate, but I believe it may go lower. The rest of crypto is not done correcting yet as I see it
dompa
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All your waves 3 are the shortest so it is not valid counting.
jespergarm
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@dompa, none of the waves 3 are the shortest. Look again
dompa
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@jespergarm, look again your biggest wave 3
jespergarm
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@dompa, this is log scale
dompa
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@jespergarm, can Wave 4 overlap with Wave 1? This is not the end of wave 3 in my opinion.
jespergarm
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@dompa, In an expanding diagonal you can overlap all you want. I tried, but I cant find other ways to count it that makes sense. Let me know
dompa
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@jespergarm, wave 3 could finish at $5
jespergarm
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@dompa, so you mean we are not done with 5 waves in the wave 3 yet?
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