XRP / Bitcoin
Aggiornato

Ripple - Retest or break out of the falling wedge

186
We have two possible ways to go here:

Falling Wedge
Bullish breakout of the falling wedge and retest of upper resistance.

Retest of triangle Support
Dropping out of the wedge and retest the support of the triangle.

Daily:
- MACD seems to cross bearish again
- RSI still not oversold
- Volume decreasing
- Dropped below EMA 100
+ EMA 50 tested

4h:
- volume decreasing
- MACD flat
- dropped below EMA 50 and EMA 100
+ RSI oversold


Depending on the BTC market, i think a retest is more likely to happen but we should look closely now as we are coming to the critical point.


Nota
Tested the double window mode but i think its too much.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.