Tomorrow we can expect the next upside movement!
Upper line of wedge is tested and it was broken already! If it can hold above that line we can have a big upside movement soon!
Very possible that next move will be up out from this mess!
XLM Stellar climb on CoinMArketCap at 4 place but we can expect one more drop down before it will explode again!
We can see correlations between XRPETH XRPUSD ETHUSD and if we check better than we have one more good chance to trade with high risk reward ratio now! Entry at bottom line of triangle SL at red line and TP at the end of fifth wave i better not write any number for now,later i will write the numbers in comment
Bigger move to upside can start anytime now!
previous analysis So let's finish this job well We can clear see where we are now We have a nice triangle and we know what comes after triangle :-)
We have nothing else clear only that we have an impulsive wave and nice correction,what we need else for good trade? Money management and risk reward ratio and some money to invest :-)
We can start to looking for some entry point thinking in Long term positions!
It is not so perfect HS but be aware if the blue line is broken next movement will be around -700-800 usd! If the blue line holds easy can be double bottom or some other reversal pattern!
We change our previous vision and picture is little more clear so we can fund some new targets on higher TF! EURUSD is so hard to trade in last few years on lower TF because to many noises , it is to much manipulated but global view on higher TF can not be manipulated easy.
We have significant move to upside from 37 to 141 that is crazy x 3.81 but one cycle look complete and time is for correction!
So many contradictory happenings between BCHABC and BCHSV hash war from the beginning of the BitcoinCash Hard fork! First the price drop for about 30% of BCHABC+BCHSV price compared with BitcoinCash price immediately after Hard Fork After Hard Fork crazy movement up and down for each coin! First it looks BCHABC wins the battle but how we see they not win ...
So maybe it can be the start line! If holds the previous Low If holds the blue line If broke the green and red line We can say maybe the correction is ended! We can make new buys because previous sl at 110 was reached New Sl at 99USD TP is up to the.... Sure never use money management more than 2.5%(only less) and risk reward ratio under 1:2 if you follow my...
Once the market indecision must be end!
Last 5 wave must finish somehow and it will soon! Many times i was watching something like this situation ! One trend always can go deeper or higher but always coming to end once! Who hold ETH be patience and do not panic market never going in one way! Who still not buy Eth than this is the real moment to do it at best price now! Black Friday was ended...
We are in position from 0.00000505 but now we can add some more fuel!
We have the same situation still with little deeper correction! Until 193 level not broke we keep our "Bull" vision!