Crypto_RK

Crypto_RK

What do you guys think?

Crypto_RK

Not very different to VETUSDT pair. Correction likely not over yet. Short now and ladder-in again at 120-130 satoshis.

Crypto_RK

5-3-5 EW correction in-place. Great short opportunity and ladder-in at 0.5 fib level from 0.0130 down to 0.015.

Crypto_RK

Price action today morning leans towards formation of a descending triangle with Waves A and B already in place. If it breaks 0.55, then we are likely to confirm this pattern. Also, the decreasing volume does suggest that all bears are done selling. However, if 0.55 remains a strong resistance, then we might still see the price going down.

Crypto_RK

See my other post at Once the correction is complete, we can expect the start of an impulse. Alternatively, if you look the daily chart for details, you might see cup and handle formation, and we know the right wall is normally built on an impulse. Hope for the best. Please like, share and comment, if you agree. Note: This is not a financial advice.

Crypto_RK

Papa Bitcoin will lead and others will follow. I've said this in my previous posts and XRP is no different. Do you see the downward pointing fractal in both the charts? If the waves are placed correctly, we are in the final Wave C correction. Make trend your friend - follow it. If you agree, please share, like or comment. Note: This is not a financial advice.

Crypto_RK

In my last post, I mentioned that any positive action can be anticipated in Q4 and that's what we can still expect. While most predict a moon shot any time soon, I think it is likely to take a dip before we start seeing it in Green again - at least for some time. The daily chart shows that XRP is under Wave 4 correction. Tune into 4 hours chart and you see the...

Crypto_RK

On May 28, I indicated that XRPUSD will make a lower low in Q3 2018 - the anticipated timing for completion of Subwave C. While I did state that a range of 0.38-0.4 is possible, most people denied. I may be a little late with this update, the lower low range was achieved - in fact, surpassed. The question - is the correction complete? I don't think so. As we...

Crypto_RK

Let's start from the monthly chart for Ripple. If you count the waves, Ripple seems to be in its fourth wave correction. If this is true, then we are in Subwave C of the ABC correction of the fourth wave. As a result, we can expect one more lower low. This lower low could easily be in the 0.4-0.38 range before a reversal. Now to access more detail of this...

Crypto_RK

If so, then this may be your chance to get on it. Why? Ripple (XRP) seems to going through and Elliot Wave A, B, C correction. While A and B corrective waves seem to be in place, a lower Subdegree Wave iii of Corrective Wave C seems to be in action. Hence, with the Bitcoin price going down, it is expected that XRP will go down further, especially when we now know...

Crypto_RK

While cup and handle seems to be place, FUN seems to forming another downward pointing bullish triangle. While it can be projected that once the price moves closer to the apex of the triangle and breaks out, we can almost expect to see an impulse, but who knows? Cryptos have a general tendency to go into long parallel correction after sudden impulse and FUN is...

Crypto_RK

Are you a Doge coin fan? There is a general trend with this coin. It forms a downward pointing triangle, jumps and then comes back down. If you wish, you can place your buy ladders when the price approaches the apex of the triangle and then quickly cash out on profits when the next impulse comes in. For those who bought high, your agony shall continue for some...

Crypto_RK

While Verge did break out of the smaller fractal yesterday, however, a bigger fractal on the 1 Day chart indicates more correction is required. A closer look on the 4 hours chart and you should be able to count 5-3-5 corrective wave in play. While the first four subwaves of Corrective Wave C seem to have been placed, more correction and lower low in this...

Crypto_RK

Corrections are healthy, as they create base for further price rise. Hence, if you know the trend, then you must HODL during correction no matter how steep it may be. It seems that Cardano undergoing a 5-3-5 ABC correction. While Wave A and B seem to have been in place, Subwave v of Correction Wave C is still under play. What does that mean? The price might...

Crypto_RK

I like to keep my analysis simple and deliberately avoid using complicated terminology in explaining my rationale. Verge has a habit of making fractals and every time it does, the price goes up. However, this time around, the wait has been too long and why not? What goes up in hurry, needs a breather at the top. Correction has almost retraced to the beginning...

Crypto_RK

Only two days ago, I had projected for a potential break out for TRX - and here we are! You can see the Wave 3 and Wave 5 targets on the chart. Sit back and enjoy!

Crypto_RK

It's always good to know the path of your holdings. If you know that you're a part of a bullish trend, then you can avoid the FUD for short term correction. What goes up quickly, must also come down. This is what is happening with DNTBTC. After a quick impulse making a cup on a one-day chart, DNT is making a handle. The 4-hours chart shows Corrective Waves A...

Crypto_RK

Seems like TRX is towards to the end of the Wave 2 correction, which means only that we should get ready to see a Wave 3 impulse! Let's see how this unfolds in the next few days.