Image Source:
Elliott Wave Analysis TradingLounge Daily ChartXRP/ U.S. dollar(XRPUSD)XRPUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: wave III of ImpulseWave Cancel invalid level:Details: Five-wave rise of wave III.
XRP/ U.S. dollar(XRPUSD)Trading Strategy:
The correction in wave II seems to be over so we focus on the five-wave rally of wave III and the price action remains in an uptrend. We are looking for a re-entry into the trend.
XRP/ U.S. dollar(XRPUSD)Technical Indicators:
The price is above the MA200 indicating an uptrend. The Wave Oscillator is a Bullish Momentum. Elliott Wave Analysis TradingLounge 4hr ChartXRP/ U.S. dollar(XRPUSD)XRPUSD Elliott Wave Technical Analysis Function: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: wave III of ImpulseWave Cancel invalid level:Details: Five-wave rise of wave III.
XRP/ U.S. dollar(XRPUSD)Trading Strategy:
The correction in wave II seems to be over so we focus on the five-wave rally of wave III and the price action remains in an uptrend. We are looking for a re-entry into the trend.
XRP/ U.S. dollar(XRPUSD)Technical Indicators:
The price is above the MA200 indicating an uptrend. The Wave Oscillator is a Bullish Momentum.Technical Analyst: Kittiampon SomboonsodSource: Tradinglounge.comMore By This Author:
Elliott Wave Technical Analysis: XRP Ripple Crypto Price News For Friday, Nov 15
