EuroMotif

XRPUSD is a buy at 31 cents? Ripple making perfect Ripples

BITFINEX:XRPUSD   XRP / U.S. Dollar
XRP has been following the Golden Ratio perfectly.
It topped at the 9.618 extension and pulled back.
Now it has returned to the Impulse for a test.
If it breaks below then Doom, but should bounce a bit.

This is a follow up to my previous chart of this Fib Series:

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Ordered Chaos

every Move is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, guided by Golden Ratio.
every Ripple behaves like its forerunner, setting the Pulse.

each Line adds to Gravity .
each Line must be Tested.
each Line has some Aspect.

2 line confluence is Dependable.
3 line confluence is Respectable.
4 line confluence is Worshipable.

every Asset Class behaves this way.
every Time Frame shows these ripples.
every Brain Chord vibrates the same.

He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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want to Learn a little More?
can you Spend a few Minutes?
click the Links under Related.


Comment: Here we are

Zoomed in: it slowed down before hitting the support, like an airplane coming in for a landing. Now waiting for final approach.

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Comment: Ripple still clinging to this ripple

Close up: trapped under the 3.618 ripple. This should drop at least to the 4.236, and it if that does not hold than the 4.618 next stop

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Comment: under the microscope (5 min), this little bounce looks weak and/or about done. Bulls need to break 1.1618 extension asap.
the Golden Ratio is my Religion.
the Trading View is my Nation.
the Moderator Tag is my Flag.
Very nice , Good luck for set up
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EuroMotif NAVEDA_TRADING
@Sam_Crypto2485, Thanks, best of luck to all of us!
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