Ripple hit our projected resistance for wave d and went slightly higher, but triangle is still valid. So be aware of decline in three waves back beneath 0.20 level for wave e, where we see a completion of big bullish triangle, which means that Ripple could explode to the upside out of triangle, probably at the beginning of next year.
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Ripple declined from our projected level and showed once again that we are on the right track!
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Ripple nicely declined beneath 0.20 into wave E as we projected!! Keep in mind that wave e can be also complex, so bulls will be confirmed only above 0.30 level!
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Ripple nicely declined beneath 0.20 level into wave E as we projected in earlier updates! Wave was very sharp and impulsive, so be aware that this could still be wave A of E and we could see another decline after wave B is reached. Keep in mind that we need a break above 0.30 level to confirm completed triangle and bullish view!
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Do we have completed triangle? Keep an eye on five waves up and break above 0.30 for bullish confirmation!
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Ripple finally UP! Keep an eye on 5 waves up or break above 0.30 for bullish confirmation!
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There is a possible idea because of sharply decline is that we could see more sideways price action into wave E triangle! So, not bullish yet as long as it is beneath 0.30!
