ew-forecast

Ripple At Temporary Resistance

BITSTAMP:XRPUSD   Ripple / Dollar
Ripple hit our projected resistance for wave d and went slightly higher, but triangle is still valid. So be aware of decline in three waves back beneath 0.20 level for wave e, where we see a completion of big bullish triangle, which means that Ripple could explode to the upside out of triangle, probably at the beginning of next year.
Komen: Ripple declined from our projected level and showed once again that we are on the right track!
Komen: Ripple nicely declined beneath 0.20 into wave E as we projected!! Keep in mind that wave e can be also complex, so bulls will be confirmed only above 0.30 level!
Komen:
Komen: Ripple nicely declined beneath 0.20 level into wave E as we projected in earlier updates! Wave was very sharp and impulsive, so be aware that this could still be wave A of E and we could see another decline after wave B is reached. Keep in mind that we need a break above 0.30 level to confirm completed triangle and bullish view!
Komen: Do we have completed triangle? Keep an eye on five waves up and break above 0.30 for bullish confirmation!
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!
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By the time I was able to get my account setup yesterday , this thing tripled, missed the boat on this one.
Balas
Pretty accurate so far ;-) Let's see if it pushes to 0,3 from now on.
Balas
Good news because i'm a big fan of XRP ;),appreciate
Balas
Sir can i ask, does ripple need to head down , before moving back up higher?
+1 Balas
@oilyprata, Yes, back beneath 0.20, then up, as you see on chart.
+1 Balas
oilyprata ew-forecast
@ew-forecast Thanks heaps Sir! Amazing EW chart! :)
+1 Balas
Great chart sir!!!
+1 Balas
@goldbug1, Thank you sir!
Balas
Same view here;

Think you :)
+1 Balas
ew-forecast BoumrahEsmail
@BoumrahEsmail, good job!
Balas
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