ramonbenavides12
Short

On the Big Chart XRP

BITFINEX:XRPUSD   XRP / U.S. Dollar
I hate this comment but down is still in the works.....Please note that a J hook has formed. 1 out 6 indicators is up. A closing candle above the 200 ema would be a good sign to. 200 is resistance.

See tomhall BTC updates. There may still be some down.
Comment: Alrighty,
The J hook pattern on the Bollinger B has definitely formed.
The RSI is strongly oversold and upticking
The PSAR gap is closing
The smaller time frames are upticking
This may be a good entry for a swing trade-Assess at your own risk.
This may go and test 1.00
Comment: Love the Bollinger Hook----2 for 2
Comment: The Bollinger J hook is proving to be a good indicator for upticks with gains better than .20 per unit.
Comment: This is looking Strong! If any one else has a different look. Please share ASAP.
All of my signals indicate up! Not a reversal just up!
A textbook J-hook is supposed to occur in the context of an uptrend; that isn't happening in this situation.
Reply
@germac

Exactly, it i can be an indicator of an uptick and usually not an indicator of a trend change....There will consolidation for sure. Thanks for your comment!!!! Keep me straight and true.!
Reply
Are you calling long?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out