RJDTC

XRP volatile move comming - tightest BB range ever

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RJDTC 已更新   
BITFINEX:XRPUSD   瑞波幣
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
評論:
XRP/BTC trendlines coliding at our exact price
評論:
XRP/BTC longs are stacking up big time, market makers preparing for a move?
評論:
XRP/BTC 4h bullish engulfing candle and bullish divergence
評論:
XRP/BTC STF ascending triangle
評論:
Falling wedge

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

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