Ongoing a possible MACD VXI crossover, on Weekly timeframe.
Awaiting next sunday (weekly) close for some *due confirmation*.
Volume still weak and undecisive.
MACD looks possibilistic as well:
A further encouraging signal would be the reversal of Parabolic SAR on weekly.
Shorter term, on Daily XRPBTC should break up the red RSI resistance in order to demonstrate some strength:
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Either wait for further confirmations or ( very RISKY!!! ) go Long now with SL under 0.000022.
Mind the fact that as long as volume stays this low false signals are possible.
Good luck.
Awaiting next sunday (weekly) close for some *due confirmation*.
Volume still weak and undecisive.
MACD looks possibilistic as well:
A further encouraging signal would be the reversal of Parabolic SAR on weekly.
Shorter term, on Daily XRPBTC should break up the red RSI resistance in order to demonstrate some strength:
---
Either wait for further confirmations or ( very RISKY!!! ) go Long now with SL under 0.000022.
Mind the fact that as long as volume stays this low false signals are possible.
Good luck.
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Watch it!Note
It's trying to pierce up.Lets hope it won't be rejected again.
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I'm curious to see whether the -92 rule on Willy oscillator will apply.See the red horizontal limit.
The lowest value historically reached before a reversal was -92,6.
Today it measures -92,3.
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MACD VXI crossover confirmed on weekly close.Still waiting for:
* Regular MACD weekly crossover.
* Weekly Parabolic SAR reversal.
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Daily RSI bounced off the upper bound and it's approaching congestion within the triangle previously marked.What i'd like to see is this:
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Willy down under -93.All time low for XRP.
The market is extremely illiquid and unbalanced.
Either XRP will fail as a project, or it will skyrocket (again).
No third way from here.
So take your bet, i took mine.
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Watching weekly MACD.Hopefully it will confirm a cross on next sunday.
Hence we would get a second interesting signal.
We'll see.
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Update on daily RSI, i posted this chart on Sept 3rd.Here's progress so far.
Fingers crossed.
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About to test resistance.It's important to avoind another rejection here.
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Same for weekly MACD.Better to have a crossover on sunday.
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Trying to break up RSI resistance on daily.Its'a long term resistance, dating back to end of 2018 ;)
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It seems the (long) awaited parabolic SAR reversal on WEEKLY may be imminent.We may have a LONG confirmation on sunday.
In case of breakout sooner, LONG over 0.00003.
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Next analysis:
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.