Long

XRPBTC Long term breakout potential

Updated

Using the martin trendline indicator set to 7, which historically has given good entry and exit points, it looks like we will see a lot of bullish movement over the next days and possibly weeks, but a wave back down is still possible in the short-medium term which i will now call medium rare term :). Looking at the lower timeframes confirm this very strongly.

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Moving down to the 6 hour chart, you can see we got a solid green big candle, which represents a long signal. We get further confirmation on smaller timeframes.

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RSI Looking overbought on 1 hour(top) and 45 min chart (bottom)

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15 min chart is over bought but could still see this go up further. Will wait for a pullback and take a position.

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2 Hour chart lookin gucci

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