Hi!
We are looking at the 1 hour chart of XRP/USDT
As we can see, ADX is under both directional lines, which indicates a sleepy market. Which means: be prepared! New trends originate in these kind of markets.
The best signal to buy from here is when DMI + en ADX are above the DMI - (So I've heared from an Elder one)
Furthermore, watch for a break out from the triangle.
Also looks like a MAC-D cross is imminent, which in this case, is a bullish signal.
This is not financial advice, I am not a financial advisor.
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Thanks!
We are looking at the 1 hour chart of XRP/USDT
As we can see, ADX is under both directional lines, which indicates a sleepy market. Which means: be prepared! New trends originate in these kind of markets.
The best signal to buy from here is when DMI + en ADX are above the DMI - (So I've heared from an Elder one)
Furthermore, watch for a break out from the triangle.
Also looks like a MAC-D cross is imminent, which in this case, is a bullish signal.
This is not financial advice, I am not a financial advisor.
Press the like button!
Leave a comment in the comments section!
Thanks!