XRPUSD finally made a run, now what? Ripple Retrace or Rebound?
Updated
XRP finally joined the party with a typical Ripple spike.
As you probably know, it often lags due to large supply.
And it often retraces all of its gains also due to supply.
Will this time be different?
Could it be the awakening?
Can demand outstrip supply?
This is quick plot to map possible support zones.
.457 - .459 looks like a great entry for bullish continuation.
.444 - .447 would be a low risk entry with tight stop loss.
.435 - .439 will be Bulls' Last Stand to preserve uptrend.
.
See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.
Currently in Play:
BTC path to 10k
LTC path to $150
EOS to Double Digits
ONE Re-Entry zones
WAVES ready to rock?
BNB Re-Entry zones
POA bottom watch
NANO Impulse Redux
Recent Achievements:
BTC bottom 3.1k (caught the EXACT bottom)
MATIC top Warning (caught the EXACT top)
NEO Rocket Launch (great entry, massive profits)
ETH breakout (instant Profits, no drawdown)
MATIC rocket (massive Profits, breakout entry)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
ADA breakout (PERFECT targets, massive profits)
FET top warning (Top warning JUST in time)
DASH top (Top warning EXACTLY in time)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
As you probably know, it often lags due to large supply.
And it often retraces all of its gains also due to supply.
Will this time be different?
Could it be the awakening?
Can demand outstrip supply?
This is quick plot to map possible support zones.
.457 - .459 looks like a great entry for bullish continuation.
.444 - .447 would be a low risk entry with tight stop loss.
.435 - .439 will be Bulls' Last Stand to preserve uptrend.
.
See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.
Currently in Play:
BTC path to 10k
LTC path to $150
EOS to Double Digits
ONE Re-Entry zones
WAVES ready to rock?
BNB Re-Entry zones
POA bottom watch
NANO Impulse Redux
Recent Achievements:
BTC bottom 3.1k (caught the EXACT bottom)
MATIC top Warning (caught the EXACT top)
NEO Rocket Launch (great entry, massive profits)
ETH breakout (instant Profits, no drawdown)
MATIC rocket (massive Profits, breakout entry)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
ADA breakout (PERFECT targets, massive profits)
FET top warning (Top warning JUST in time)
DASH top (Top warning EXACTLY in time)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Note
Decent bounce off first support .
Note
Now are at the second support .
Note
Gorgeous Ping .
Note
XRP with a nice bounce off 2nd support, .
Note
Nice, might have flipped resistance into support .
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