I'm not sure if I'm the only one seeing this but I'm pretty bearish on BTC. Weekly bearish divergence on both RSI and volume. I think we are going to see an inversion in trend very soon.
The weekly looks super bearish to me. Bearish divergent on the RSI, bearish cross on the MACD and a descending triangle. Also on the daily we just had a death cross and we are below all the 3 major daily moving averages. Now we are even below the 21 weekly which it has beed a very important support across all the past bull runs.
I think we are getting ready to move higher. I will be buying back as soon as the breakout of the falling wedge is confirmed.
I'm very bullish for XRP for the long run, but this looks very bearish for the short term. I think we will be headed lower, especially if BTC continues with its run. But as soon as BTC is going to correct (30% to 40%) we are going to see XRP fly.
XRP/USD breakout and XRP/BTC double bottom. Looks like we are very close to a bull run..
BTC is going parabolic and getting ready for a correction, while XRP just double bottom. We have seen this pattern over and over in the past with XRP. BTC is on the run but as soon as it's going to correct we will see XRP fly.