RIPPLE get ready for a breakthrough!!
Updated
We are fighting the favorite of the BTC market for the breakthrough of the bearish resistance line.
Some alts show signals before BTC, now XRP is just from this category
Consider a 4h chart, a tool in a bullish mood, as evidenced by moving averages. EMA 5 is higher than EMA 13, and to EMA 50 is very far.
The market profile shows the set of position in POC SUPPORT, which gives a great chance of rebound into the zone of imbalance. Also, the price is for EMA 13, which gives additional support
We observe at once several divergences: RSI and OPEN INTEREST
The reduction of teak volumes also gives a signal of the impending movement
The nearest target is 0.70 XRP, at the entrance to the zone of imbalance the asset will necessarily return to the key level after confirmation (and, of course, to drop all weak players). After that, the bulls will struggle to continue the trend and go to the next resistance point 0.90 XRP.
We recommend entering the market or adding to the position after the start of the movement and after the test of 0.70, get additional confirmation and will sleep calmer
With 80% probability, the asset will continue to move
I invite all comers to try our indicator of open interest V2
Some alts show signals before BTC, now XRP is just from this category
Consider a 4h chart, a tool in a bullish mood, as evidenced by moving averages. EMA 5 is higher than EMA 13, and to EMA 50 is very far.
The market profile shows the set of position in POC SUPPORT, which gives a great chance of rebound into the zone of imbalance. Also, the price is for EMA 13, which gives additional support
We observe at once several divergences: RSI and OPEN INTEREST
The reduction of teak volumes also gives a signal of the impending movement
The nearest target is 0.70 XRP, at the entrance to the zone of imbalance the asset will necessarily return to the key level after confirmation (and, of course, to drop all weak players). After that, the bulls will struggle to continue the trend and go to the next resistance point 0.90 XRP.
We recommend entering the market or adding to the position after the start of the movement and after the test of 0.70, get additional confirmation and will sleep calmer
With 80% probability, the asset will continue to move
I invite all comers to try our indicator of open interest V2
Trade closed manually
The BTC market favorite shows signals for a short position! At XRP we reached the first goal and resistance level and rebounded, if BTC thoroughly goes down about growth there can be no question. the shape of the head of the shoulders is potentially formed !!
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