XRPUSD
We are once again approaching to a 0.5 fib. retracement level ($0.54), extended between this months high and low. It is very likely that we may climb a little higher just to poke a 0.618 fib retr. level ($0.60) a few times and then go down to finally complete an ABC correction.
What i am trying to say is that, while those last dumps may look very scary, don't be. Instead, be greedy when others are fearful, and try to look at them as a very last great buying opportunity. I've highlited those areas (Yellow and green) where prices could reach in a short term and then reverse. Reaching to a green area is very unlikely but it may just go that far.
That is not to say that we may climp and go for a complete blow of top, that is why a peronaly would not short any xrp as it may just explode and not go for an abc correction.
코멘트:
I am not a financial advisor so don't buy anything that a say. It is just my hobby.
코멘트:
I have to add that if we brake through 0.618 level ($0.59) and then manage to go even further, the chanches for a complete blow of top will be increasing dramatically for every fib. level we may brake through ... Again.... very unlikely scenario for now to happen but, you know how this market is.
We may not even reach the 0.618 level and just start to do a correction. Will see together. Be Well
We may not even reach the 0.618 level and just start to do a correction. Will see together. Be Well
코멘트:
If we break through 0.786 fib. retr. level or even higher from previous chart, we could be reaching much higher. The area that we could climb to is highlighted in the green.
Again this is my personal view. I have no professional experience in this so don't take my word for it.
Again this is my personal view. I have no professional experience in this so don't take my word for it.