XRP correction Grand final = sub 0.23 - Valid for most Alts
I have spent some time now trying to make sens out of present move based on the past ones.
Lots of people thought bear market was over and correction done last September (Yellow wave count) however, fractal from top April 2018 to bottom August 2018 is perfectly aligning on top of June 2019 till now indicating couple of days sideways and a severe drop to sub 0.23 level. Which would equal to the grand final of wave 5 ending THE correction before we actually enter bull market.
Maybe I'm wrong but this combined to my indicators makes it valid.
If you want to play it safe, take out your monies now or at 0.32. Place a buy order at 0.35 and be patient. Should we reach 0.21 or lower... enter from there and cancel your order. That simple.
Lots of people thought bear market was over and correction done last September (Yellow wave count) however, fractal from top April 2018 to bottom August 2018 is perfectly aligning on top of June 2019 till now indicating couple of days sideways and a severe drop to sub 0.23 level. Which would equal to the grand final of wave 5 ending THE correction before we actually enter bull market.
Maybe I'm wrong but this combined to my indicators makes it valid.
If you want to play it safe, take out your monies now or at 0.32. Place a buy order at 0.35 and be patient. Should we reach 0.21 or lower... enter from there and cancel your order. That simple.
Trade closed: target reached:
I hope some did benefit from this drop. I hardly believe we shall see further downside. However we all know everything is possible. I'll make some new TA when back from holidays. Take care all.