Many assets classes are showing topping patterns again.
XRP is perhaps the clearest example amongst the cryptos.
EW wise: 5wave (A), 3wave (B), with 5wave (C) to come?
$ 3.1889 Golden fib is the invalidation level
$ 2.4667 should be a fast drop before bounce.
$ 2.2962 is the minimum expected length of (c)
$ 2.0206 sister Golden fib that is always a target.
Of course, this could be totally wrong given the clear FOMO.
Markets have already killed a series of topping patterns.
But IF there is a top anywhere near here, then THIS is it.
.
Other assets at possible tops are below:
ETH

NVDA

META

Gold (XAU.usd)

Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts
========================================================
.
XRP is perhaps the clearest example amongst the cryptos.
EW wise: 5wave (A), 3wave (B), with 5wave (C) to come?
$ 3.1889 Golden fib is the invalidation level
$ 2.4667 should be a fast drop before bounce.
$ 2.2962 is the minimum expected length of (c)
$ 2.0206 sister Golden fib that is always a target.
Of course, this could be totally wrong given the clear FOMO.
Markets have already killed a series of topping patterns.
But IF there is a top anywhere near here, then THIS is it.
.
Other assets at possible tops are below:
ETH

NVDA

META

Gold (XAU.usd)

Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts
========================================================
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.