$XRPUSD Support Resistance Channels, EWT Analysis April-13-2021
Good morning folks,
Here's the latest publishing of my active chart. This is the same chart as I've shared before, simply with the current chart and trend lines extended to the current day. So far, the trend lines and EWT analysis has held up, however I'm looking for us to hit a peak for this sub-cycle to complete and to begin our A-B-C correction before going onto Wave 3 of the super-cycle. That said, the next two stops for this sub-cycle that we've yet to touch are the 3.618 extension ($1.85357,) and the 4.236 extension ($2.03247). Once we see a clear breakdown of this bull run to confirm the A-B-C correction, I will update this with the retracement extensions. If you find this chart beneficial, please subscribe so that I can keep an update on active viewership. I do fundamental and technical analysis and have published articles on websites such as seekingalpha, and would like to assess what overall interest comes of this. Good luck, traders and investors.
Here's the latest publishing of my active chart. This is the same chart as I've shared before, simply with the current chart and trend lines extended to the current day. So far, the trend lines and EWT analysis has held up, however I'm looking for us to hit a peak for this sub-cycle to complete and to begin our A-B-C correction before going onto Wave 3 of the super-cycle. That said, the next two stops for this sub-cycle that we've yet to touch are the 3.618 extension ($1.85357,) and the 4.236 extension ($2.03247). Once we see a clear breakdown of this bull run to confirm the A-B-C correction, I will update this with the retracement extensions. If you find this chart beneficial, please subscribe so that I can keep an update on active viewership. I do fundamental and technical analysis and have published articles on websites such as seekingalpha, and would like to assess what overall interest comes of this. Good luck, traders and investors.
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