My last short term Ripple idea was a bit off key but the larger analysis remains in tact for the most part. The current Leading Diagonal formation is promised to have an extremely deep retracement. To find out the exact target of the super sized zig-zag, we can simply apply the Fibonacci tool to the A wave down (big drop on the red wave)
--- oops, the fib tool doesn't show on 'ideas' for whatever reason ;(
A zig zag typically has the following targets for the ending C wave:
100% of A
1.618 of A
.618 of A
Also, C wave mostly always goes beyond the bottom (or top) of the A wave. Considering the height of the B wave (current up wave in also in red), C very likely will NOT end at the .618 target (as it won't be below A). The difference between 100% and 1.618% is literally like 2 cents. Either way, the next big target will be below .30, likely below .25 as well.
The rebound will push Ripple over $1.00 and beyond.
#BuyTheFear
A zig zag typically has the following targets for the ending C wave:
100% of A
1.618 of A
.618 of A
Also, C wave mostly always goes beyond the bottom (or top) of the A wave. Considering the height of the B wave (current up wave in also in red), C very likely will NOT end at the .618 target (as it won't be below A). The difference between 100% and 1.618% is literally like 2 cents. Either way, the next big target will be below .30, likely below .25 as well.
The rebound will push Ripple over $1.00 and beyond.
#BuyTheFear
トレード稼働中
expecting more shakeout before the big fall resumes: ノート
Returning to .55 area: 
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The first platform delivering financial market intelligence on an immutable blockchain ledger. Live performance + free 90D trial at elwasci.io.
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。