orbsatchel

XRP moving but not firing on all cylinders

BITFINEX:XRPBTC   Ripple / Bitcoin
XRPBTC            

I am checking this out and getting mixed signals. If you hold this then no action needed if you are waiting I would wait some more. There might be another flush with BTC             or alone. Honestly the resistance and support don't line up and this doesn't move in a way I can understand so I won't be buying any anytime soon. I don't do stories and news only technicals.

'Good NEWS-
it is bouncing perfectly on the 50 moving average and above the fib level.
The 20 is moving up and MIGHT cross 50 soon
breakout above 618 fibonacci level.
if it is an uptrend we have two points to attach a trendline to.

BAD-
50 and 20 MA are inverted. 50 moving average has red arrow ( that means bear market, and it is too early to know if they/when will cross)
volume is weak
no real capitulation it just bubbled sideways until it was out of downtrend

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out