MACD and RSI seems to show bullish divergence on the 4 hour chart for XRP. I was expecting a retest of the ascending line thats currently sitting around 0.297$ on bitfinex, but it might not be right away. We might bounce back upward before retesting it... or not retest it at all. at this stage.. Im tihnking of buying a few extra XRPs and selling them around 35...
MACD Loss of momentum + Zero Crossover, H&S in daily broken out + pull back Top of channel rejection Breakout of H&S pattern in H4
MACD looking good MA 50 previously resistance turned support RSI follows the trend support Next leg 3750-3800 0.38 Fib level TRADE SAFE! **DYOR Its only meant for educational purposes.**
MACD bullish RSI making higher lows Price action still due for a move up following the RSI (because of less volume over all in the market) Pennant pointing a breakout. TRADE SAFE! ** DYOR its meant only for educational purposes**
MACD and RSI show bearish momentum. Take profit at the green trendlines.
macd and emas going into a bullish position.
Macd is forming a divergence. but the rally is quite weak at this moment. Price will continue to drop to 3200 - 3000, which is an important technical support level.
MACD indicating divergence from the price's direction... this rally is running out of steam. Earnings beginning next week may have a role in the reversal. I've marked out some tested support levels it could return to.
- MACD histogram highest during for 3 months - Current TOP is broken the biggest retracement of the nearest downtrend (wave VI to VII) and I think here is Elliot waves 1. -Thus, I predict CAD index will go up from the wave VII to wave VIII. - 3 targets are calculated by Elliot waves' rule.
MacD clearly shows a sell signal and RSI has a long way to go to oversold. Expect to bottom at 157.' Bigger and fatter than the 2008 bubble. Brace yourselves. This is not financial advice. DYOR.
MACD has reset Good pennant MAs aligned Trade the breakout