XRP
Long

XRPUSD 201806

Zaktualizowano
XRPUSD 201806
waiting for lower chennel meeting
Uwaga
Sold 50% on 0.55
Long again at 0.528
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Uwaga
Next resistances:
0.595, 0.636
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Uwaga
With my buy zones and sell zones (where i traded and keep an eye to trade on)
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Uwaga
0.57 is 1.272 fib extension, that is the key point to decide whether we have an ABC correction within then downtrend or a reversal:
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Uwaga
watch 1.272 and 1.618, Tp for 1.618 lowered
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Uwaga
Sold 40% at 0.567
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Uwaga
Raised SL to 0.5312
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Uwaga
Long on XRP again 0.5308
SL 0.524
Uwaga
All depends on BTC defending 6427
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Uwaga
macro view, wave count down, V seems unfinished
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Uwaga
CLoser, last wave V
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Target 0.465
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Uwaga
If that plays out, keep an eye on historical supports:

0.471
0.455
Uwaga
Looks weak, the wick to 0.541 could have been the top of wave II
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Uwaga
Hit 1.272 extension, which is typical for C of ABC, alternate count with target 0.58 would be:
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Uwaga
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Trend Analysis

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