Long
XRP: BULLISH signs on the daily chart

Looking at the The Oracle, we can see several bullish signs on the daily XRP chart:
Now as always, after seeing such early signals, i try to find a trendline. And voila, there is one on the RSI acting as resistance.
So whats next?
As soon as the RSI on the daily closes above the resistance trendline, we can expect 3 outcomes:
I enter longs ONLY after the RSI closes above these trendlines.
- Stochastic very low
- Yellow/Blue long signal
- And bullish hidden divergences
Now as always, after seeing such early signals, i try to find a trendline. And voila, there is one on the RSI acting as resistance.
So whats next?
As soon as the RSI on the daily closes above the resistance trendline, we can expect 3 outcomes:
- - Pump: pump without retrace
- - Golden Pocket: Retest of the golden pocket after RSI closed above the trendline
- - StopLoss: If the daily RSI closes above the trendline, then stop loss is last local low (at $0.5965)
I enter longs ONLY after the RSI closes above these trendlines.
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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.
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.