Many assets classes are showing topping patterns again.
XRP is perhaps the clearest example amongst the cryptos.
EW wise: 5wave (A), 3wave (B), with 5wave (C) to come?
$ 3.1889 Golden fib is the invalidation level
$ 2.4667 should be a fast drop before bounce.
$ 2.2962 is the minimum expected length of (c)
$ 2.0206 sister Golden fib that is always a target.
Of course, this could be totally wrong given the clear FOMO.
Markets have already killed a series of topping patterns.
But IF there is a top anywhere near here, then THIS is it.
.
Other assets at possible tops are below:
ETH

NVDA

META

Gold (XAU.usd)

Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts
========================================================
.
XRP is perhaps the clearest example amongst the cryptos.
EW wise: 5wave (A), 3wave (B), with 5wave (C) to come?
$ 3.1889 Golden fib is the invalidation level
$ 2.4667 should be a fast drop before bounce.
$ 2.2962 is the minimum expected length of (c)
$ 2.0206 sister Golden fib that is always a target.
Of course, this could be totally wrong given the clear FOMO.
Markets have already killed a series of topping patterns.
But IF there is a top anywhere near here, then THIS is it.
.
Other assets at possible tops are below:
ETH

NVDA

META

Gold (XAU.usd)

Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts
========================================================
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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.