XRPBTC STRONG REVERSAL SET UP 3D-CHART

As you can see on chart, XRPBTC has made a very strong triple bullish divergence RSI-PA on oversold territory, with a good volume pattern for bulls.

PA is showing a 21EMA resistance broken, and last candle has supported on it. Not happening since last bull run.

Indicators showing also a good set up for bulls:
- RSI going above 50 line
- CMF oscillator crossed zero line.
- MACD approaching to zero line.
- ADX-DI showing a sideways and no trendy ATM but DI+ crossed bullish.

This, although can make XRPBTC going sideways, is a very strong set up for bulls. I am accumulating ATM waiting for the bull run

Bình luận:

Nice entry, 18% ATM.

Usually is dangerous trading reversals, but this set up was too strong to avoid it

Giao dịch đang hoạt động:

20% up.

ALARM:
- Stoch (which i am interested as long as ADX is almost on sideways) is on overbought, we will take profits if gets out from overbought while ADX is still under 20.

GOOD THINGS:
- MACD signals is near crossing ZERO line, that would be fantastic.
- RSI over 50, not yet on overbought
- EMA supporting PA.

My journey! Not advice!

Bình luận:

25% up. Very nice

ALARMS:
- Stoch: Highly overbought
- Volume: Less than previous candlesticks (losing strength).
- EMA: 55EMA resistance

Rest of the indicators are bullish clearly.

Just my journey! Not advice!