This is my extended analysis from the 1hr chart. The volume is not supporting the sellers any more. However, there will be a bit more correction left before the price breaks upward. Don't invest yet, wait for the trend to form. With that said, Ripple aint cripple yet!
Hey Guys, I have been doing a lot of studying lately on new resources regarding TA and have decided to finally share my thoughts on what I think may happen. Based on the chart I have presented, XRP is bouncing between the thick dark black resistance line and the thick pink support line. Ripple had tried to break through the resistant line but had failed on two...
Hey guys, I have tried to correct the chart pattern to see which direction it would possibly go. Let me know what you think? The stochastic is in up ward direction and it has hit a very strong support line. Let me know what you think. Cheers
Hey Guys, Have a look at the chart. Its using a Renko style chart and it seems that the trend is up. 1. The 20 EMA is in an upward direction. 2. The bars are above the 20EMA moving average 3. MACD has crossed The Only way to find out if this analysis is correct is to buy in and see. I have entered a long position. Love to know what all of you guys think....
Hey guys, Just to let you know, I just have some basic knowledge on how to do some technical analysis. With that said, I would love to know what you all think. Based on the analysis that I have made, it seems that now would be a good time to go long. Have a look at all the indicators. 1. MACD has crossed. 2. Moving average has crossed 3.RRI is in an upward...
As you guys can see, all the indicators are suggesting that the direction of the trend is up. MA 10 has crossed MA 20. Bollinger Band is about to explode MACD is showing an up trend. ADX shows the strength for going long is strong. Pretty good setup