AD approaching Apex of Triangle on xrp $total2 $btcusd $bchusd
the previous chart shows an H&S that broke down. However, when studying the AD, notice that the line is higher than the previous right shoulder that broke down. And is currently higher than the head. This is a bullish divergence as price action shows accumulation. We're approaching an apex, in a rising wedge. Which normally would be a bearish sign, however i'm following the money and all indicators point to a higher price movement.
Disclosure: I'm long
Disclosure: I'm long
Feragatname
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.