Update on WHAT IS RIPPLE EVEN DOING??steemCreated with Sketch.

in #crypto6 years ago

Hello there Ladies and Gents,

In my previous post about ripple (around a week ago) I mentioned that it would be a good idea to buy around 6300-6600 satoshi, and to sell around 9800 satoshi.

However, revisiting that chart today, it seems I underestimated that 5th wave. Here's what it actually ended up looking like:

My buy target was hit perfectly, and if you followed the buy and sell, you would've made close to 50% profit easily.
And as you know, it's better to have a rabbit in hand than 2 in the bush.

This extended 5th waves is a little worrisome as it suggests a very "HEALTHY" correction. Healthy in the sense that it's gonna come down to about here:

Don't be too surprised if the correction takes it to the 7800-8900 satoshi again.

Anyways, your money, your call. Peace!

Sort:  

Congratulations @neomime! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @neomime! You received a personal award!

1 Year on Steemit

Click here to view your Board of Honor

Do not miss the last post from @steemitboard:

Saint Nicholas challenge for good boys and girls

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @neomime! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.031
BTC 70137.39
ETH 3937.34
USDT 1.00
SBD 3.71