GreaterNinja

XRP/BTC -- Long

Long
GreaterNinja Updated   
POLONIEX:XRPBTC   XRP / Bitcoin
12
The 50 EMA just Crossed the 200 EMA on the 4 hour. --strong bullish signal
T-K cross below cloud -- pretty strong bullish signal
Volume is up - as of 2:50 PM PST, XRP has highest trading volume on poloniex

--Price is in cloud, but looks like it is about to break out of 4 hour.
--As soon as price breaks out of cloud on a clear 4 hour candle, that will be an additional signal to go long.
Comment:
**correction: XRP/BTC has 2nd highest volume on poloniex
** 50 EMA crossed 200 EMA from underneath on 4 hour --this is a bullish signal and says go long 90% of the time.
Comment:
When price breaks out of cloud on 4 hour, that will signal that its likely going to climb higher.
Comment:
*RSI and STOCH RSI on 4 hour showed that it was at oversold a few 4 hr candles back. Price took a dip, but I expect it to eventually start climbing again.
Comment:
Price is in the cloud. I expect it to go sideways for a few 4 hour candles as the Stoch RSI and RSI levels lower a bit.

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.