Good day to all…let’s take a look on the updated charts and wave counts to see how our scenarios are going.
Price is moving higher despite us expecting a move lower. I continue to believe we are in a corrective pattern that still has some more upside but eventually should give in to the final corrective wave down towards 10-8k.
As expected price is moving higher. Trend remains bullish in a final 5th wave. A pull back should be seen soon before the resumption of the up trend. A back test of previous highs near 850-870$ could be seen next before the move towards 1100$
Has most probably finished wave 2 lower and should soon see a strong upward move unfold towards 500$. 160$ remains key support.
Has completed or is near completion of a big upward cycle. This is not the time to be buying Ripple. We should first see a strong pull back similar to the one we witnessed in Bitcoin.
Thank you for taking the time to catch up on my thinking.