Showing the fib targets for the next week or so. There is a confluence of resistance at .55. The confluence is confluence of a price projection(1.0) and fib extension of 1.618. These two should act as magnets for price action.
The price oscillator also shows the recent impulse as wave 3 for now with last weeks dump a possible wave 4, or v bottom(simple correction). We should move higher from here to hit wave 5.
The price oscillator also shows the recent impulse as wave 3 for now with last weeks dump a possible wave 4, or v bottom(simple correction). We should move higher from here to hit wave 5.
Kommentera:
On a side note. If it continues to go down. the .786(.32 cents) would be a realistic buy area.
Kommentera:
Kommentera:
Lastly, Here's xrp compared to btc. It has some catching up to do
Kommentera:
Both Symmetrical Triangle and Descending wedge look in play here. We'll see which one it picks.