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MisterCatt
Apr 28, 2019 5:22 AM

Bullish Divergence on 1 day XRP/BTC 

XRP / BitcoinPoloniex

Description


This would be short update for XRP/BTC from my previous chart update i mention there will be an possible of divergence in the progress of the downside of price action..

This was been drawn from 23 april 2019... which i predict of some kind bullish divergence would formed with red color line.


Let's see the recent chart..



Nice form of bullish divergence is appear, but dont get to exited yet as we will find out if this could be a trend change in within next 1 - 2 months. and if this do plays out well.. it must be accompany with a great ammount of volume too..
please feel free to share what your thought and please do take this idea as grain of salt..
peace..



Is this going to be play out well?? we will see..

Comment

seems there's no bullish divergence play out for xrp/btc... as the price in satoshi level keeps going down as btc price is still going up.
i'm still stick with this chart for xrp/btc
Comments
hypercraft
that one pump on polo can't be taken as reference, on polo are not to much coins available.
with the same ratio you would bring it on binance like +4-5%
MisterCatt
@hypercraft, i agree with you sir..

however the similarity it's seems also divergence alike appear in binance and bitfinex which the large volume for btc/xrp trading..

bitfinex

binance


hypercraft
@MisterCatt, take a look on Stoch RSI and RSI
In past 1,5years pump cominf if both bottomed and stay weeks long.
Maybe this time another fragment. Looks bullish to me.

MisterCatt
@hypercraft, great explanatory and also for the chart with a similarity indicators before pump .. we will find out soon in future sir..
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