This analysis is comprised of Elliott waves, Fibonacci retracement, trend-based Fibonacci extension, trend-based Fibonacci time extension and Andrew’s Pitchfork.
I think it’s pretty accurate. It coincides with what’s happening and the first court date of the lawsuit between SEC and Ripple. You can use it to go long or short XRP in order to maximize profit.
Don’t forget to compare the candles with other indicators, such as Moving Averages, MACD and RSI for ensuring the reversal at critical points.
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