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Bullish Divergence on 1 day XRP/BTC 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..
by MisterCatt
4
Double top on Cryptocurrency Marketcap/TOTALafter the hidden bearish divergence from obv, Bearish divergence in MACD and RSI with price action few days ago. it's seems it's now forming a double top. let see if the price action can hold 200 and 50 ema (green and purple line) as if will continue the bullish growth of crypto market if it's hold and vice versa.. interestingly it's happen not far to distant in the past.. check this out; Similar double top pattern.. Though from OBV, RSI is quite flat line and follow the price action, MACD do stands out giving hint there's a divergence in volume with correlation a price action.. the price action end up into fibonacci horizontal around 0.236 and 0.382 .. if history keep it self repeat and still in bullish growth.. i expect yellow line in fibonacci retracement could be a good buy zone if the crypto market didnt have negative black swan event. we will see what happen.. please do take this as a grain of salt, i'm not a financial advisor and this post just all my opinion only and feel free to share what your thought.. peace..
CRYPTOCAP:TOTAL
by MisterCatt