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Rsibullishdivergence

Is LINK In A Massive RSI Bullish Divergence?LINK has been in this consolidation zone between $1.97-$2.84 since July 14th. We are actually in a downtrend channel within this zone though. This may not be a totally terrible thing though. If you look closely at the RSI chart at the bottom, you can see we are in an UPTREND channel! This is what we like to call a bullish divergence! Granted we have broken out of this channel a time or two but that sometimes happens when volatile moves are made. In general we have been in an uptrend in RSI and a downtrend in Price since July 14th. I think this a V ERY bullish sign and it confirms that this is a healthy consolidation . Finally, there is a falling wedge forming that has its own bullish divergence. I expect price to move up from here. I initially thought price would revisit the high $1.80-$1.90 range, but I'm not so sure anymore. If you follow my ideas you can probably tell I am a LINK permabull. I think this is one of the best projects in the crypto space and I fully believe it will be a top 10 coin. Even if this coin falls to the range stated above, I will still continue to accumulate. *This is not financial advice. I am not responsible for any losses of money.*
BINANCE:LINKUSDLong
by ParCrypto
XRP-Bullish regular RSi divergence.I accept every kind of criticism. If you have any perception please share with me down in the comment section, or in private. My analysis is not an investment advice, it is just my observation about the present state. Im in GMT+2 In this analysis i will talk about the XRPUSDT in 4h Time frame( I only talk about the things that can be explicitly see from my chart). At first if we go back in time a little, on the 22rd june, a bearish regular RSI divergence appeared in the 4h chart. This situation results a bearish swing, which is not dissapeared from now too, but it may reached its strongest support on 5th of june, and now i see bullish patterns. We need to take seriously the RSI divergences, because that regular bearish RSI divergence cause a 26 % price drop in 12 days. on 5th of June a BULLIS regular RSI divergence appeared, it is smaller than the beares before, but it have strong appeance. This divergence will cause increase in price. On the other hand there is the ichomoku cloud and the lines. IF the base line ( red ) will crossed by the conversion line ( blue ) it also cause price increase. Moreover the appereance of the GOLDEN CROSS is near, the 50 EMA and the 200 EMA is close to each other, and fortunately the 50 EMA is under the 200 EMA. In my way of thinking, XRP will reach a level around 0,42USDT , there are a strong resistance ( 200 EMA line around tehre, Leading span B (the bottom of the ICHIMOKU CLOUD) and the FIB RETRACEMENT 0.380 line is near. ) from that level it will be a little consolidation, but the price will go through it and cant stop until the top of the ICHIMOKU CLOUD and the FIB RETRACEMENT 0.618 line ) This was my observation about the current market price of the XRPUSDT. I hope I did not only talking wrong things. Thank you for reading. -A beginner trader
Long
by Go2m00n
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