Who the heck knows? To confidently say the correction is over, we need to wait for lagging indicators which will not catch up in the short term.
I am considering this xrp long position as the 1.618 ext. of the first leg up meets the previous $1 resistance.
I am not in at the moment, I will only enter if my wave 3 and 4 targets are met. If my wave 3 target hits, I will ladder my order at green box and target around ~$1.
If wave 3&4 are not reached as predicted, there will be no entry for me.
**Message: you can enter now if you have fomo. For me, there are endless opportunities. I don't mind missing out a few days. I have come to learn that my desire to not experience the psychological turmoil of getting trapped far exceeds my greed to make a few more % gains. If we don't have targets that are based on logic, we will enter in greed, and exit in pain. This is just system1 (heuristic/intuition) and system2 (deep thought) at work (from Thinking Fast and Slow).
Good luck!
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You can find my previous ripple ideas in the related ideas below.
I would say xrp is one of the coins I feel pretty in sync with. (chart wise)
Order storniert
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Leaning bearish as btc forming shooting star up to 6hour chart as it apporaches EMA50 on 4 hr chart.
The 4 hour candle is closing in 10 minutes, if the bulls does not push the candle to green, I will be shorting.
Trade ist aktiv
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Shorting with above EMA50 as SL. I'm heading out now, take care traders.
Trade ist aktiv
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target 85-90 cents
i think it will follow the bounce of btc
Trade wurde manuell geschlossen
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Unfortunately, I didn't catch the train, did not see that 2.618 ext coming. Wasn't even looking at xrp charts...
Not opening long since it is my opinion that btc will correct further.
Hi. I arrived late to enter, but I see your analysis was fulfilled. I reach $ 0.92. Based on this fair value, retracement towards $ 0.82, which would be 61.8 Fib of last maximum, to resume, trend towards $ 1.02. If so, I see to remove the hours of sleep today for that entrance.
gusccbb
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Hi, XRP crossed the EMA50 4H. Now XRP has fuel to go towards $ 1?
Thanks Alex. let's see if we fall or just take impulse?
gusccbb
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Good post. Total reason. Previously there was a false break in XRP that went from 0.8 to 1.7 in the day and then did not stop falling. That lesson will pay for my inexperience. Thanks for sharing.