Hello everyone, this is our view on xrpbtc (s-c-a-m), enjoy!
Analysis: This will be a good coin to hodl during next altseason, but now we're supposed to see a strategy of ours as well. So now let me explain: price going down a bigger bull flag, we're now approaching lower line and we'll bounce from there. Then a falling wedge could take place as far as the parabolic move we've seen completes. Very interesting volumes as well. The W gartley you see is fractal based and fibo levels are attendible, so we believe that we're going further more down. Marked a lower low and a lower high, that will be a streak! Smallertimeframes ma already formed death crosses while higher lenghts are not able to recover. No ema below the price, so no dynamic supports. First target of a long trend will be 200ma. Now trying to breakdown wma10, if broken could lead the price to next lower low. Near to the lower bollinger band and they're very stretched. Very big ichimoku cloud above the price, that's the wrong way. No fisher. Many laggings (chaikin, moneyflow, stochastic) are forming bull divergences, while rsi and uo formed bear divergence instead. Golden cross for stoch smooth 50. Bearish momentum marked by ao and also by macd. After a huge G accumulation now trying to recover some F in order to pump the price again on greed & fear.
Strategy: We believe this is a very good *scam* project, so we have many possibilities for the bulls. Entry: 2457-2364 Target (mid-term): 2536-2604 Sell (hodl): 2708-3093-3300+ Stoploss: 2303 Moderate risk for good gains.
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.