XRP Possible Extended Wave in Leg 3

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Please be warned.. I exited my position in XRP.. This TA I made out of curiosity witnessing price soaring... I don't have any suggestion.

Based on the wave cycle, it is possible at the end of Wave 3 which will be followed by a healthy correction (Wave 4) to three possible correction bottoms. This is the place BTFD traders usually opening their long.


Again.. I don't trade this chart..

٥ يناير ٢٠١٨

ملاحظة

$2.6 support doesn't held. next possible pullback $2.2

٥ يناير ٢٠١٨

ملاحظة

adjusted wave count

٥ يناير ٢٠١٨

ملاحظة

$2.2 seems hold the price from keep declining.. if so, then there're two possible scenarios

٦ يناير ٢٠١٨

ملاحظة

seems wave 5 at play

٧ يناير ٢٠١٨

ملاحظة

Chart to be continued here