Hello friends, a few days ago I published an analysis of XRP, and I have modified my analysis to the new narrative, in my previous analysis I believed that XRP was bottoming out at 0.86 This buy setup gave us a BE entry after activating my buy order at 0.85ish
x/2VcjBq63/
Days later I see that it is forming a bearish triangle whose trajectory is defined as follows:
The triangle is not finished yet, expect to be in Wave D in which it should look for a short whose SL is 0.955
You should try to enter as close to 0.955 and whose TP as a minimum should be 0.835 and the most extreme TP 0.76 where I will look to buy with an SL at 0.72
If you want to support me here it is my BUSD BEP20 address: 0x66a39a58d46f21fd61ced8ce11c7420f5b977182
This style of analysis is called Elliott Wave, good luck to everyone!