These are my XRP/USD trading areas. Now we are in a descending triangle. We filled over 80% now and we could break out every day. I do not enter a Position now. I will wait for the confirmations in the next 4h candles.
What we can see are some BEARISH divergences at the end of the triangle. So this is a tiny BEARISH indicator. The volume is getting less and less and we have too little momentum to break up. We're going to watch BTC / USD, because if we can do a MOMENTUM here, then we can shoot up at RIPPLE as well.
Your Mikl_Owl
What we can see are some BEARISH divergences at the end of the triangle. So this is a tiny BEARISH indicator. The volume is getting less and less and we have too little momentum to break up. We're going to watch BTC / USD, because if we can do a MOMENTUM here, then we can shoot up at RIPPLE as well.
Your Mikl_Owl