XRP EW Update 04.11.2021 A Quick Update


A quick update in this post.

The B triangle may have completed on November 2nd with a small triangle for wave (e), that triangle was counted live on twitter. 

Since then we have gone up a bit, but not in a clean impulsive way.
The price action since the conclusion of the triangle could work as a diagonal in the 1st wave position of C....

Visualization of this idea :

42e72b8d497c1391c20ebc1ae205bad6fe6b21f31127cbce84021438ca3ed596.jpg

So if the idea is correct we still need our fifth wave in the diagonal... the diagonal looks a bit strange but it does not break any rules as of now and it is extracting a tiny bit. Wave 1 > Wave 3 in price & time... wave 5 should be even shorter in time & prince, so it should have completed before 22:00CET today

5cacbd2805a6d2478e9eb3c44ad6b48383cc86739eba04c7f90197190fe95689.jpg

If wave 5 plays out as anticipated we should expect a correction after the diagonal.... and it could be followed by a very powerful 3rd wave...

Update 13H00 : While typing this message the price has gone a bit lower, wave 4 has now become bigger then wave 2. Could still work as a contracting diagonal though, but we cannot break below (2) though and it must be followed by a move over (3)

5a7cba1d01bb82e2d7196badbcbd4847bd4a54e7a06d0cc2760d6b8f1fd4c5c3.png

 

How do you rate this article?

1


xennevdl
xennevdl

trader / crypto investor EW specialist, counting $ES_F & $XRP no financial advice, for educational purposes


XRP EW Price Prediction by Xenne van der linde
XRP EW Price Prediction by Xenne van der linde

EW specialist, many years experience in counting waves counting XRP since the end of 2019 no financial advice, for educational purposes if you wanna support this blog you send some xrp to rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh tag 105818781

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.