Ripple - The price of XRP if Bitcoin drops further (below 9k)

Hello,

Bitcoin is expected to be going through a final correction to about 8k$, which if it does, you should expect ripple to fall to the support line indicated.
This line is roughly around where the price was tested and found support before. This idea is only valid if BTC goes through another correction.. If not, then discard this analysis.

Again, this idea is only in case you see the price of bitcoin falling below 9k$, only then you can use this post as a reference.

~DCFreak

Here is my previous ripple analysis:

Note

Here is my most recent BTC analysis:

Note

I missed up the support area.

Thanks to josephtse for mentioning the mistake

Here is the corrected support area

Note

almost at the updated target above^. Just mentioned when I first did the analysis I shifted the support line down by mistake and updated the idea again on the same day.
You can find the update above this comment.

Note

Spot on:

Trade closed: target reached

Remember that I updated the support line on the same day I posted this idea:
Here is the corrected one:

DCFreak

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DCFreak

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