XRPPanjang
XRPUSD: Analysis using Ichimoku 12/07/2020
H4
On D1, the cloud is directing upward, indicating an uptrend. The price also broke the downtrend line at D1.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%.
H1
At H4, the cloud is directing upward, indicating an uptrend. The RSI is not far from the overbought level, indicating a possible continuation of the correction. Also, the divergence has formed on H1 between price and RSI.
Conclusion:
Selling XRP looks risky, since the correction model may take the form of a “triangle”.
We recommend buying when the RSI reaches an oversold level on the H1.
On D1, the cloud is directing upward, indicating an uptrend. The price also broke the downtrend line at D1.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%.
H1
At H4, the cloud is directing upward, indicating an uptrend. The RSI is not far from the overbought level, indicating a possible continuation of the correction. Also, the divergence has formed on H1 between price and RSI.
Conclusion:
Selling XRP looks risky, since the correction model may take the form of a “triangle”.
We recommend buying when the RSI reaches an oversold level on the H1.
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.
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.