As you can see on chart, XRPBTC has made a very strong triple bullish divergence RSI-PA on oversold territory, with a good volume pattern for bulls.
PA is showing a 21EMA resistance broken, and last candle has supported on it. Not happening since last bull run.
Indicators showing also a good set up for bulls: - RSI going above 50 line - CMF oscillator crossed zero line. - MACD approaching to zero line. - ADX-DI showing a sideways and no trendy ATM but DI+ crossed bullish.
This, although can make XRPBTC going sideways, is a very strong set up for bulls. I am accumulating ATM waiting for the bull run
Comentarios
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Nice entry, 18% ATM.
Usually is dangerous trading reversals, but this set up was too strong to avoid it
Operación activa
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20% up.
ALARM: - Stoch (which i am interested as long as ADX is almost on sideways) is on overbought, we will take profits if gets out from overbought while ADX is still under 20.
GOOD THINGS: - MACD signals is near crossing ZERO line, that would be fantastic. - RSI over 50, not yet on overbought - EMA supporting PA.
My journey! Not advice!
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25% up. Very nice
ALARMS: - Stoch: Highly overbought - Volume: Less than previous candlesticks (losing strength). - EMA: 55EMA resistance