FredericJacquemin

$XRPUSD - Long term impulsive

KRAKEN:XRPUSD   XRP
Hi guys,

Don't take the timeframe too seriously, this TA is def not about that, but mostly about levels and potential Take Profits (if you're trading $XRP).

I placed the 3rd wave on the 2.618 fibo level, not sure this one will go beyond $8.47, which is already pretty awesome for a 3rd.
Then the 4th is just aligned in a middle position: not too deep as retracement, not too optimistic either, just a normal one (according to EW and fib's).
Re the 5th, again, same thinking, nothing too crazy, just going North to reach 3.618 at approx $16.65.

If you buy now at $0.42, that would make close to 40x return, quite appreciable, right?

Again - no mention of time frame, this is all about levels.

This is NOT any sort of financial advise, more a way to share some ideas, nothing more.

Feel free to drop a comment, much appreciated!


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.