FredericJacquemin

$XRPUSD - Long term impulsive

KRAKEN:XRPUSD   XRP
Hi guys,

Don't take the timeframe too seriously, this TA is def not about that, but mostly about levels and potential Take Profits (if you're trading $XRP).

I placed the 3rd wave on the 2.618 fibo level, not sure this one will go beyond $8.47, which is already pretty awesome for a 3rd.
Then the 4th is just aligned in a middle position: not too deep as retracement, not too optimistic either, just a normal one (according to EW and fib's).
Re the 5th, again, same thinking, nothing too crazy, just going North to reach 3.618 at approx $16.65.

If you buy now at $0.42, that would make close to 40x return, quite appreciable, right?

Again - no mention of time frame, this is all about levels.

This is NOT any sort of financial advise, more a way to share some ideas, nothing more.

Feel free to drop a comment, much appreciated!


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