Good Morning all!
XRP fell to the 1.618! Last time we had volume on a drop like this price reverse 22%. Will we see the same thing happen again?
15 minute chart pendant formation can break upside or downside. After a bearish move one would expect down.
1H chart move from support up to resistance. Decisive volume is needed for a break
4H stochastic RSI shift up with MACD reseting. XRP seems so have already recovered 50% of the drop
Is it possible that XRP is printing a descending broadening wedge?
XRP fell to the 1.618! Last time we had volume on a drop like this price reverse 22%. Will we see the same thing happen again?
15 minute chart pendant formation can break upside or downside. After a bearish move one would expect down.
1H chart move from support up to resistance. Decisive volume is needed for a break
4H stochastic RSI shift up with MACD reseting. XRP seems so have already recovered 50% of the drop
Is it possible that XRP is printing a descending broadening wedge?
Note
15 Minute bearish divergence to re test pendant formation?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.