Sell a break below the lower trendline | 18 September 2018
18 September 2018, XRP
Wave Analysis:
Despite the previous forecasts that this crypto could continue to lose value, the impulsive wave (5) bounced off from the supportive trendline and is still pretty much above this trendline, we’re waiting for a clear rebound from this trendline to settle for a corrective rally, however, should the price breaks clean below this trendline, then further bearish price rally is expected. The unprecedented bearish price rally is the continuation of the impulsive wave (5) to the lower side with an ultimate target at 0.18425.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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