Ripple wave 5 completion? Nope My protective stop got taken out.

in #ripple7 years ago (edited)

Ripple is looking to complete the following move.
I am hoping we complete this move then transition to a consolidation period to prepare for another move upwards.

We ended up having a full correction completing. What do we need to do. If you havent bought in I would wait for an impulse to decide where the market is going to go. If you are still holding id set a stop bellow 4k sats if we break that the trend is done and we might dumpster down further.

If we break to the upside without consolidation we need to measure the sentiment. Using our initial wave 1 sentiment the next wave 3 can complete at either 37 or 52 cents. given that we get a wave 3

The ripple process up might take longer than I thought. If I want to trade this I need to make sure market psychology matches up correctly. And at the moment it might actually

So we had the first impulse wave then the strong euphoria afterwards was followed by the rumor that ripple was partnering with the bank of korea. Now ripple is down and people are saying it was ll just hype. I believe not. There is 1.3 billion dollars worth of hype remaining in ripple at, could be bots but I dont think so. Now theres this news

I still think theres going to be a wave 5. Bought in lower setting a stop at 20 cents. risking profits. I think we're going to hit that wave 5 up till 31 - 35 cents then correct back down to 20 cents before continuing steady growth upward. fingers crossed

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