BishUK
Long

XRP/USDT - 3rd Wave

BINANCE:XRPUSDT   XRP / TetherUS
Looks like XRP is in the process of of putting in a 3rd wave.
I'll be keeping an eye on this and update when I think the 3rd is done.

I'm going to start adding some addresses for donations to my ideas from now on,
so if you feel like throwing a few penny's my way they will be much appreciated :)

BTC:
13SZvuEyRWTqS5LepgdoAiXDtGa8hCoB32

ETH:
0xbd85bc6d230d5934a49b872871df8198c00d6330

LTC:
LcnrDgyDiHZBPvYoYK5JauCJktkyFb8sZR

USDT:
0xbd85bc6d230d5934a49b872871df8198c00d6330

Comments

where is xrp Donation address..???
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BishUK AzaZarra
@AzaZarra, sorry ill add that to the list going forward. here it is though: r94pSTo4HKyfXQB2HdqvcnNeK4R6MjwKMm
Reply
Bish I agree we look to be on the precipice of a third wave but there's a huge amount of historical resistance at 2.8/2.9, also corresponds with the monthly 21EMA, and the 0.786. What's the possibility of this being a corrective wave, in this monthly time frame downtrend?? Don't feel my knowledge of Elliot wave theory is sufficient to call it, however, various indicators suggest a price pump is coming.
Reply
BishUK MikeColfs71
@MikeColfs71, yeah i see what you getting at now. what we have with the Elliott at this point from the higher time frame view can be looked at as a corrective move and is definitely something to keep in mind:

Its going to come down to how it acts when it gets to that level but i would probably close any longs into the level and wait for confirmation in the count before taking a long or short.

one thing to take into account in all this is where the market as a whole is when we get to this level. i would struggle to see this playing as a correction if the rest of the cryptos enter a proper bull market, which is looking very likely at this point.
Reply
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