Can we take a push or a dump further? I am still bullish!
So, lets have a look at our baby XRP again.
We have managed to stay at the upper trendline with the Daily candle - check!
RSI is oversold, especially on UNDER the Daily timeframe. On the Daily RSI is on a neutral level (slightly oversold).
On the 4h 21EMA is crossing 50EMA to the downside, what means, that we could still try to test the trendline at araound 0.363$.
Overall I think that we are on a good way to prepping XRP for an bullish outcome.
Lets hope that we can close the weekly candle way up higher than now, so that we don't get a bearish engulfing pattern on the weekly.
We have managed to stay at the upper trendline with the Daily candle - check!
RSI is oversold, especially on UNDER the Daily timeframe. On the Daily RSI is on a neutral level (slightly oversold).
On the 4h 21EMA is crossing 50EMA to the downside, what means, that we could still try to test the trendline at araound 0.363$.
Overall I think that we are on a good way to prepping XRP for an bullish outcome.
Lets hope that we can close the weekly candle way up higher than now, so that we don't get a bearish engulfing pattern on the weekly.
ملاحظة
Here you have a closer look at the beauty of the 1H.ملاحظة
Re-Adjusted the upper trendline a bit for more PERFECTION. :)ملاحظة
XRP still won't go down and holding up. Fight, Fight, Fight. :)
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.