The Ripple XRPBTC cryptocurrency made a nice correction of three waves back to the level of the previous wave four of a lesser degree with (a) = (c) equal legs and a stroke of exactly 1.61 level (in line with previous expectations). This is really a perfect configuration in the Elliott wave theory and exactly what we are looking for in trading setups. Currently, cryptotraders must wait for confirmation of the lows, which will come with a break of the channel's resistance line (around 2.40) and make sure the price will make a break above 2.80, (impulsive up trend resumption level) which would confirm that Ripple is returning to an up trend.
If Ripple goes below 1.60 for any reason, a new wave scenario will be needed.
If Ripple goes below 1.60 for any reason, a new wave scenario will be needed.
交易开始
A marginal new low was made, but nevermind this: #XRP is going higher after Brad Garlinghouse tweet, that #XRP will be used in MoneyGram payment flows! Up up up we go!交易开始
Price hit the channel upper line, but no new low was made yet. Still unfold nicely, but needs to break out of the channel. Patience.交易开始
Let's break out the channel, shall we? 2.25 is the key level.
注释
Correction done? 注释
At the 61% Fibo support at 1.19. We will see how it goes. Correction continues.注释
XRPUSD has completed the complex and time consuming corrective cycle in wave (4). Possible rally ahead. XRPUSD # XRPUSD 交易开始
The thick green line must hold, otherwise, the impulsive cycle is invalidated. The correction is too big in time nad price already anyway.Details on H4 chart:
注释
Ripple broke above the golden trend line and is heading towards the level of 1.0000 and then 1.3890. 
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。