XRP.USD in a critical place, Desperately needs a penny

XRP.USD in a critical Zone, desperately needs a penny asap.
Caught between two major fibs, and long way from next stop.
Each support below has already done its job, don't ask again.

0.2219-2225 would be the ideal support to firm up for loading.
0.2249-2268 has withstood some hits but hopefully it is weaker.
0.2355-2369 has several fibs needed a strong blast or many hits.

コメント:

Update as of Friday Dec 6th:

Bulls have been making steady progress:

Zoomed IN to see action around the fibs

EVERY line is acknowledged, respsected, and negotiated in order for price to make its way through them.

Zoom back OUT a bit, and with the fib of last bounce

We see that band 3 and 6 have been relevant.
And it accelerated from the 3.236 to the 6.618 (not to the 6.236).
Thus I am projecting Band 9 as the next target for this wave.
Alas, band 9 will likely start a retrace, as that would be a natural end to this particular wave.

Zoom more OUT with the new fib (w/ 9.618) and its parent fib in light green

Looks like will get close to the previous peak.
We may well end up with a retrace from a "lower high".
So it will depend on how deep and viscous the retrace is, whether we make it to the next Major resistance.

In summary:
The immediate "Major" resistance looks to be overcome, perhaps even flipped to support.
Currently expecting a "lower local high" and a retrace from there.
Bulls need to hold the retrace to at most the .227 zone or higher.


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コメント:

( ( Ping ) )

On the "Major" fib in previous resistance zone

Bulls need to flip this to support by riding this ping, wont get a better chance that this.

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