This is the day we all have been waiting for. D4rkEnergY has been looking so much forward to reveal everything. This will indeed be EPIC <3
Let's first jump in. There is a lot to learn from this chart. We are here taking a look at the 2h XRPUSD Chart. D4 has told you many times about Ripple and the bearish divergence. I warned you 2 times a couple of weeks ago.
Suddenly we were standing in the opposite situation. As you can see on the chart, an ascending triangle was taking form. I want you to take notice of the candle sticks, how we didn't manage to make higher highs. In fact if go from wick to wick, we made lower highs.
BUT.. Please pay attention to the MACD and the RSI, how we here managed to maker higher highs AND higher lows. That is what we call bullish divergence, which is.. yes.. a bullish pattern. Everything were finally starting to look o.k. for Ripple, but then, as we all know we had one of these insane price drops from Bitcoin, which totally ruined everything.
So now what? And will it happen again? Ripple has lately just been continuing going sideways, ranging a bit, due to the uncertainty with Bitcoin, and we are seeing the exact same pattern with all the other top altcoins. They are all waiting for Bitcoin to show them directions.
D4 loves you <3[/b
Thank you so much for following me guys! It really means a lot. Please do me a favor and HIT that LIKE-Button. And see you soon again :)
评论
⋅
Ripple too is falling due to the drop in Bitcoin's price! Ripple has found support from earlier resistance, but will most likely soon fall even lower.
This will indeed be very tough. Already now we are below 78,6 % Fibonacci retracement. Ouuch.
@D4rkEnergY, This isn't divergence the way you have plotted it!!!! Like i said go back to divergence school (ENOUGH SAID!!!) If you was to correctly identify the hidden bearish divergence from the lower highs and higher lows on the RSi then it would be the correct way to show the divergence, you have not showed this