Hey guys , im checking xrp today and it seems like the bear market could have been over on that last push , i see a wedge forming on lower timeframes with good divergence.
I'm buying some with invalidation point at red line and see what comes up. Cheers!
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We got a finished corretion , recommended to buy with sl below the low and target a new ATH Cheers!
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Decision time if this is a correction or bull market. If price reaches red line this is most likely a corrective wave and bear market goes on. If price makes a new high from here without breaking the red line its likely that bull market has started. Cheers
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Bull market is confirmed , gonna buy more on the retracement. Cheers!
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Adding margin long today for the last move , sl 0.408 or as tight stop 0.41 Cheers!
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Lower timeframe we have a wedge with nice divergence
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The move up has corrective sequence , i expect a drop below the last low to complete the correction and continue with uptrend after , cheers
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There is a good chance the correction is complete , trying to long after the pullback on lower timeframes with invalidation level at red line and target above .80 has decent odds.
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The leg up is corrective , expect another drop. Buy lower later
@WoonhK, It has a complex structure , not really sure when its gonna breakout or if its gonna break the low slightly ... staying out of it for now until i get a clear pattern