Hi all,
This is a continuation from my previous ideas which are still in play. We are now looking at more signals pointing to the downside. FIB retracement alligned perfectly with the charted red support zones. We are currently trending below the 20 MA on the 4H chart and price is looking weak. I expect going down prior to moving back up where we deserve to be.
In the meantime, short if you want extra bucks or hodl if you don't mind the petty movement of couple of cents when your boy XRP is gonna be $5000 a piece (tribute to the moonboys).
Previous idea:
This is a continuation from my previous ideas which are still in play. We are now looking at more signals pointing to the downside. FIB retracement alligned perfectly with the charted red support zones. We are currently trending below the 20 MA on the 4H chart and price is looking weak. I expect going down prior to moving back up where we deserve to be.
In the meantime, short if you want extra bucks or hodl if you don't mind the petty movement of couple of cents when your boy XRP is gonna be $5000 a piece (tribute to the moonboys).
Previous idea:
Nota
Well, damn, we missed a hidden bearish divergence going against the top resistance of a channel - very secure sell/short pointNota
Nota
We should really pay more attention to the divergences.
Here we are observing a hidden bullish divergence on the 4h chart - longer term.
Hidden Bullish:
Price: Higher Low
RSI: Lower Low
Dagangan aktif
Breakout from descending trend line. Go long and watch btc movement for more insight into xrp possible direction.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.