Godwin1985

Godwin1985

A strong support zone btw fib level 50 and 61.8 and at this very zone if all things been equal we could breakout from the wedge and target 161.8 extension at price 1.68175

Godwin1985

we are not totally out from the down trend until we breakout from the wedge pattern. we could further see more dip.

Godwin1985

Price has carved out a bottom for us we just need an Impulsive move to the upside to confirm the validity of this Reversal.

Godwin1985

Price has carved out a bottom, we need to a bullish impulsive candle to confirm this

Godwin1985

XRP made %50 correction

Godwin1985

My update on XRP

Godwin1985

still my bias on XRP

Godwin1985

Every market in the world goes through three market cycles, the uptrend, the downtrending market and the ranging or consolidation phase. Base on my bias on XRP, if the wedge pattern is broken to the upside then the bull run resumes but if the previous low which is at strong fib level of 61.8 is broken then we could see more movies to the down side.