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ew-forecast
16 Sep 2017 pukul 13.18

Ripple Stuck In A Sideways Triangle 

XRP / U.S. dollarBitstamp

Huraian

Ripple is sideways already for a long time and it follows our count (triangle into wave B) perfectly. For now it looks very clear. Even if it lost 50% since August 23, decline is still in three waves. So Ripple bounced from our pojected wave C support and we expect now three waves up into wave D back to 61,8% fibonacci retracement and 0.24-0.25 levels.


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Komen

Ripple is still trading towards wave "d" as we projected in our last updates. We can clearly see three waves up into wave "a" now "c" is still missing, so threre is still room for 61,8% Fibo. retracement and 0.24-0.25 levels.

Komen

Komen

Ripple hit our projected target of wave "d". Be aware, upside can be limited here..

Komen

Triangle finally completed?!? Bullish confirmation is only above 0.30 level!

Komen

Ripple finally UP! Keep an eye on 5 waves up or break above 0.30 for bullish confirmation!

Komen

There is a possible idea because of sharply decline is that we could see more sideways price action into wave E triangle! So, not bullish yet as long as it is beneath 0.30!
Komen
RobertKerketta
Very Nice explanation. Unfortunately, I counted the waves wrongly :(... But now everything is clear CHEERS!
ew-forecast
@RobertKerketta, Thanks and have a nice day!
fhsk2001
Could you please share chart for XAU/USD?
Lebih