In this chart we have a potential IH&S forming on the 2 HR charts as well in
lower time frames below. Soon we will see if this idea is valid or not, with
the development of the right shoulder. Later I will go into the higher time
frames of XRPUSDT to try and find more reversal signals. Which would help
extend bullishness into XRPBTC pair.
MACD looks bullish about to cross 0 line.
RSI and MACD have some bullish divergences as well.
There is also a converging pattern on the ADX VS MACD which SOMETIMES
marks the beginning of a new uptrend. More often than not it produces a
counter trend rally that produced a partial retracement (decline) of price.
We will have to wait and see.
Remember to set your stop loss!
Stay tuned! Please drop me a like. Thanks!
lower time frames below. Soon we will see if this idea is valid or not, with
the development of the right shoulder. Later I will go into the higher time
frames of XRPUSDT to try and find more reversal signals. Which would help
extend bullishness into XRPBTC pair.
MACD looks bullish about to cross 0 line.
RSI and MACD have some bullish divergences as well.
There is also a converging pattern on the ADX VS MACD which SOMETIMES
marks the beginning of a new uptrend. More often than not it produces a
counter trend rally that produced a partial retracement (decline) of price.
We will have to wait and see.
Remember to set your stop loss!
Stay tuned! Please drop me a like. Thanks!
Nota
XRP USDT will probably retrace into a inverse head and shoulders pattern before breakout upward!Nota
Scalp trade set up! I know it look a little busy but I'm learning. The best part is so far it seems to be working. These are my first few attempts at charting and trading cheers! 
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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.