johny_button

RIPPLE: Never Count Your Chickens Before They Hatch!

looks like we have a situation, going back to the other possible scenario noted on the original visual above. Scenario 2, which completes 3 down waves on the MACD...will it go up after....who knows, and thats why still have our stop loss in play

Still betting on a Elliott Wave 5 move, but keeping eyes in the back of our heads. But I feel confident, as the other main market reader coins BTC, ETH, BNB, etc have made their move, some on the same Elliott wave pattern.

Hold on princess its gonna get wild!
Comment:
Well this has turned to a shit show real quick on the RIPPLE front.

I have ejected this trade for now. Reason: I look at the 30min (smaller charts) to see how far this may go, if we will break a consolidation, if i should eject.

I drop the fib levels on this and it lands perfect, plus finishes on the 38.2% level from the 1DAY chart...so i made no money so far, and i lost a tiny little...give a little to make alot.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.