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Daljohn
May 2, 2021 9:53 AM

XRP Correction after wave 5 incoming Short

XRP / TetherUSBinance

Description

XRPUSD completed its 5-wave move up, signalling a correction.

Broadening distribution channel paired with a bearish divergence on the top. Might push one time higher.

Wait for confirmation on retest on top of channel or at swing-failure.

I should've placed the "5" at the previous top, making this a Broadening Zigzag correction



Comments
aiisshsaak
all the indicators say it's going long.
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