closing the longs on xrp btc , let this 4 h pan out ..so booking the profits on it , if this 4h close here & next candle close with a red one it can make hidden bear divergence . so looking for better entry as of now .
As the last green line denote final support , i m filling my bags of xrp from 2900 till 2600 sats . .. i already bought some 2880& keep averaging anything below it , till 2600sats . its just 1 week i claimed this trade & i know people r impatient & so they loose money .
#xrpbtc i like this pair ... one of the most hated cryptocurrency on crypto twitter till the time it don't pump , a dead thing for long & uncomparable pump machine when it becomes alive . Now comes the TA part ... as can be seen in this weekly layout , price action is coherently touching the support area (green line) with SUPPORT on RSI & STOCHRSI ...it happens...
XRP/BTC.. 4000 SATS IS THE ZONE TO BUY IT ALL ....LONG TERM SUPPORT ON WEEKLY. RSI & STOCHRSI CAN MAKE REGULAR BULLISH DIVERGENCE IF PRICE TAKES A BOUNCE FROM THESE LEVEL , JUST ONE DAY LEFT FOR WEEKLY CLOSE , BE PATIENT & WAIT LIKE TIGER DOES FOR PREY & READY TO POUNCE AT THESE LEVELS, BEST RISK REWARD RATIO.
If u notice XRP -BTC making classical hidden bullish divergence on weekly ,with forming a triangle on long term support zone ...most probable outcome would be out burst to upside in coming 10-15 days . its a buy on dip scenario for XRP/BTC in coming day as i expect upside upto 10000 sats in next 2-3 weeks .
Technical analysis: . Ripple/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. . The RSI downtrend is broken, so the probability of the Beginning...
RSI has been on an upward trend on 1D chart. But previous trends suggest it makes 4 lows with successive higher lows on RSI. The current low is 3rd and we may see XRP a little lower before it reverts to uptrend. However, this is good time to buy XRP. the trend may be similar but once starts to move up it gives little chance to entry. Its better to slowly...
Technical analysis: . Ripple/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 29. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000515 to 0.00004500). if so, traders can set orders based on...
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...