The intro is my ringtone. Naa just kidding, or am I?
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Move stop to break-even.
So far looking very 3 wave-ish and XRP/BTC working out good too :D
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Looks like another rising wedge ( mini ) underneath the former one, moving stop (profit taking ) down to above the bottom of that rising wedge. Care about wicks, manually operating this.
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Added some, moved up my first cover and covering added shorts quickly.
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Oops ignore the above new stop, that is only for my personal added short. Other hands will stay with a stop at the end of corrective wave 2.
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Like this.
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A close above the yellow line means the count is invalidated. Does that mean it bottomed out? Not necessarily, but as the day is ending I am not sticking around to find out.
Get ready to take cover, bulls are coming for us.
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There you go, it looks rejected, close call.
העסקה בוטלה באופן ידני
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The remaining hand closed on that second wick overnight. Two more significant trends/waves remain bullish, therefore the other targets will function as btfd if they still hit.
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Little update, ripple looks like a good range trade that will make the biggest of bag holders sell impatiently. If you haven't already, buy around 64 cents and sell around 81 cents. These are horizontal resistance that could last for weeks.
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You can also add shorts on 81 cents if you dare ^.^ I have, but yesterday it almost pushed out so I wouldn't advise to place 2 walls and call it a day; monitor.
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Will it be different this time? it went up vertical, dips are bought up instantly. Time will tell how long this range holds.
That and all the cortisol flowing through my veins as twenty-four-hour markets do not allow one to sleep.
webmi
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@RichiRichi, i know the feeling,... :),... i am youth i needed drugs,... but now just MARKET :)
But still do not agree with your analysys. But.,.. Nice idea, never theless. And nobady is talking about 14$, but 1.4$
webmi
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@webmi, As you might notice,.. BTC is taking a breath before THE KINGs jump to 20k. Atls are going up. All of them! XRP is one of the most attractive
@webmi, but there is, and it is on the front page. 14.84 to be precise.
There is no agreeing though, only probable and possible outcomes.
Corrections can take many shapes, they are nearly impossible to predict.
Note that my personal indicator for the end of this correction would be breaking the shown resistance, in which case I shlong. ( short into panic long)
- A small hand, quick adaption, and no emotional trade at all! I'm not sure why sure why some people like @AzeemMajeed are reacting negatively; this only justifies my prediction.