Descrizione
⋅ XRPUSD 201806
waiting for lower chennel meeting
Commento
⋅ Sold 50% on 0.55
Long again at 0.528
Commento
⋅ Next resistances:
0.595, 0.636
Commento
⋅ With my buy zones and sell zones (where i traded and keep an eye to trade on)
Commento
⋅ 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:
Commento
⋅ watch 1.272 and 1.618, Tp for 1.618 lowered
Commento
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⋅ Long on XRP again 0.5308
SL 0.524
Commento
⋅ All depends on BTC defending 6427
Commento
⋅ macro view, wave count down, V seems unfinished
Commento
⋅ CLoser, last wave V
Target 0.465
Commento
⋅ If that plays out, keep an eye on historical supports:
0.471
0.455
Commento
⋅ Looks weak, the wick to 0.541 could have been the top of wave II
Commento
⋅ Hit 1.272 extension, which is typical for C of ABC, alternate count with target 0.58 would be:
Commento
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