someone514

XRP Long Update - Wave Counts

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someone514 Обновлено   
- We have finished wave (1)' and (2)'
- Wave (2)' was a ABC correction that retraced to .382 fib. I expect a larger correction for wave (4)'
- This means I will be selling my position at the end of wave (3)'
- We are in wave (3)'
- Wave (3)' has 5 subwaves. The targets for wave (3)' and its subwaves are labelled by the green boxes.

- Entry is red box.
- Once we hit wave (3)' target (assuming if we do). We can start to look for wave (4)' target for rebuys by that time.

Time of high volatility, take care.

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ABCDE triangle correction forming.
I am in at the moment.
If the triangle breaks down and we go to the initial red box (fib level). I will buy more to lower base price.
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wave recount.
Previous targets still valid.
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***THIS IS AN IMPORTANT UPDATE***
I was wrong about wave (3)' target.
Abandon the old (3)' target, go straight to wave (5)' target.

I did not successfully short wave (4)' .
I will post a trading journal later this week specifically analyzing this trade. Focusing on what I did correctly/incorrectly.
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we might still hit .618 buy zone. I am heading out, will not be updating anytime soon.
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Before i leave. Please set tight stoploss as the price goes up.
If it goes to 1.6, you can set stoploss at 1.58
If it goes to 1.7, you can set stoploss at 1.68
etc etc.

Bitcoin is STILL NOT IN THE CLEAR! Though currently bullish.
Be safe. Don't be sorry.
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close positions
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We are going down.
Open short positions/buy level $.90
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I will post an update soon
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steemit.com/cryptocu...ort-to-usd-90-usd-50

I made my first video! Mic is crap, sorry about that, will be fixed soon!
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take care
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People still holding xrp, take care.
Same for btc.
I am holding short positions/usdt only.
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This is a low time frame chart.
We are having lower highs & lower lows.

I am bearish.
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Lower time frame. How we breakout from this triangle/wedge has strong implication of price movement in the upcoming days.
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Heading out, will be back later today.
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i expect a drop
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For me to keep the record/my own entertainment. You can ignore this update.
These predictions are rarely perfect.
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