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!注释
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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