At D1, the cloud is directing upward, indicating an uptrend. The RSI moved down and the price found support on the Ichimoku cloud.
At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers.
We recommend buying XRPBTC when the RSI reaches the oversold...
On D1, the cloud is directing upward, indicating an uptrend. The price also broke the downtrend line at D1.
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%.
At H4, the cloud is directing upward, indicating an uptrend. The RSI is not far from the overbought level, indicating a possible...
Pairing looks solid with green horizontals and red representing stop:
Stop @ 2967
This is a second wave pending volume confirmations from the second XRPUSD publication in which I was referencing in my earlier publication earlier last week. This is a short-mid term entry. Highly volatile.
XRPUSD shows higher highs and higher lows on the daily chart. Here's my trade entry:
2. Entry: 0.23406
Risk to reward: 1:2
Win probability: Less than 45%
Disclaimer: This is not investment or financial advice.