XRPUSD Entering Phase B???

已更新

Some important points,

1. XRPUSD have completed Phase A and made higher high.

2. XRPUSD hit strong resistance around level 0.59.

3. XRPUSD should have formed an ST in Phase B as soon as it entered Phase B to complete the Wyckoff formation.

Be careful entering trades at this stage, wait until the 0.59 break.

Note: not financial advice.

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XRPUSD encountered quite strong resistance once again. It would take a sizable buying volume to push up the price. Be careful to buy.

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One last rally is still possible to form a divergence, if the price fails to break then this pattern will be confirmed and XRPUSD enters phase B.

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Next XRP possible playout. Watch divergence to form first

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70%+ chance we are at the peak of Phase B. Be careful though.

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XRPUSD has been accelerating towards a bearish trend for the past few days.

Now, waiting for confirmation for about next 15 days untill all clear enough.

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XRPUSD break below 0.4400 and bearish roller coaster will take the place.

I hope I'm wrong but this looks realistic.

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Strong bearish price action has developed previously and the trend has accelerated steadily to bearish for several days. We will most likely see the price test $0.48 or $0.50, before going completely bearish.

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XRPUSD Was strongly rejected by the $0.48 level twice, be prepared we will likely be fighting the storm soon.

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Short XRPUSD at $0.48 SL 1%