RJDTC

XRP volatile move comming - tightest BB range ever

Long
RJDTC Aktualisiert   
XRP/BTC and XRP/USDT are both showing signs of support and also signs that rapid expansion may be comming soon.
The BBW indicator is a tool that is used to indicate the range of the bollinger bands, a tight bollinger band means a high volatility move is likely to happen.
At the moment the BBW is at it's all time low. indicating that we might see a big move up ahead.
Also we can see large increases on the XRP/BTC longs on Bitfinex, this might indicate that market makers are building positions while keeping the price down

- XRP/USD finds itself on a suppotline dating back since mid 2017
- XRP/BTC finding support from 2 supportlines
- XRP/BTC longs are building rapidly
- XRP/BTC 4h shows bullish divergence
- XRP/BTC 4h bullish engulfing candle
- XRP/BTC STF shows ascending triangle
- XRP/BTC falling wedge

Read all the updates below for the full analysis and pictures
Kommentar:
XRP/BTC trendlines coliding at our exact price
Kommentar:
XRP/BTC longs are stacking up big time, market makers preparing for a move?
Kommentar:
XRP/BTC 4h bullish engulfing candle and bullish divergence
Kommentar:
XRP/BTC STF ascending triangle
Kommentar:
Falling wedge

My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios

If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.