hello guys i hope you are well
this time i think that the leg2 of elliot waves must do an ABC correction PATTERN.
instead of doing just a correction from 0.50 to 0.45
xrp is doing the ABC PATTERN.
why this happens? well because it didnt have to much power to convert the normal down trend in an upsidetrend inmediatly, and this happened 90% of times in al crypto market.
some times that 10% its just a big pump as we remember in july 2021 or the Bigest Bullrun in history in february march last year.
this time i think that the leg2 of elliot waves must do an ABC correction PATTERN.
instead of doing just a correction from 0.50 to 0.45
xrp is doing the ABC PATTERN.
why this happens? well because it didnt have to much power to convert the normal down trend in an upsidetrend inmediatly, and this happened 90% of times in al crypto market.
some times that 10% its just a big pump as we remember in july 2021 or the Bigest Bullrun in history in february march last year.