XRP is making falling wedge after big soaring.
If break out is generated for upper, it can be collection wave.
In this light, we can expect impulse wave.
Of course we have to keep strict watch next flow.
BTC price can be rebound around 5.5 K with Fibonacci retracement.
And it can be by bottom of big triangle pattern.
Because the slope of plummet channel was high, we can expect strong soaring with high slope.
So, we can expect next bullish market at the second half year in 2020.
I hope it :) Have a happy new year.
Big falling wedge of BTC/USD can be trigger of 3 wave.
And now lowest price is Fibonacci Retracement.
So, we can guess the end of correction wave before new lowest price.
this price can be buying zone. target price is 20000 dollar and stop loss is lowest price ~ 7250 dollar
ripple / bitcoin chart had very long period down trend channel.
After the point of inflection, channel trend was changed 2 times.
Now XRP/BTC is making up trend channel.
Now the slope of channel is very low and it can be increased or not.
We can check buy zone when the channel is changed with higher slope by breaking of channel.