XRP/BTC - Bullish div., heels dip in support zone, long?
Couple of signals pointing to a bullish reversal and indicating long position:
1. Bullish div on daily Price vs RSI
2. Stoch RSI oversold about to cross on daily
3. We are in support zone so you can place some buys
3 options:
1. Go long now (~ 2500 sats) before immediate blue falling resistance is overtaken - Risky
2. Go long after a close of daily and probable test above blue resistance (~2700 sats) - Less Risky
3. Wait out the next moves to confirm direction. If afraid of bull traps, enter on retest of flipped resistance at ~2970 sats level.
Lets see:
1. Bullish div on daily Price vs RSI
2. Stoch RSI oversold about to cross on daily
3. We are in support zone so you can place some buys
3 options:
1. Go long now (~ 2500 sats) before immediate blue falling resistance is overtaken - Risky
2. Go long after a close of daily and probable test above blue resistance (~2700 sats) - Less Risky
3. Wait out the next moves to confirm direction. If afraid of bull traps, enter on retest of flipped resistance at ~2970 sats level.
Lets see: