iBeardy

XRP: BULLISH signs on the daily chart

Pembelian
BINANCE:XRPBUSD   None
Looking at the The Oracle, we can see several bullish signs on the daily XRP chart:

  1. Stochastic very low
  2. Yellow/Blue long signal
  3. And bullish hidden divergences

Now as always, after seeing such early signals, i try to find a trendline. And voila, there is one on the RSI acting as resistance.

So whats next?
As soon as the RSI on the daily closes above the resistance trendline, we can expect 3 outcomes:

  1. - Pump: pump without retrace
  2. - Golden Pocket: Retest of the golden pocket after RSI closed above the trendline
  3. - StopLoss: If the daily RSI closes above the trendline, then stop loss is last local low (at $0.5965)

I enter longs ONLY after the RSI closes above these trendlines.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.