XRP - INVISIBLE DIVERGENCE Forming ? Warned you !

549
Been Warning you since Jan 5 with the “Pick your Bottom “ Publication Series
Bottom 1 $1.25
Bottom 2 $1
Bottom 3 $0.75

April 24: Don’t be Fooled !
When everyone was talking about the Weekly MACD Cross UP
I warned it was irelevant until MACD is above the mid line of the indicator
I also mentioned the need for an INVISIBLE DIVERGENGE (at a minimum a regular bullish divergence)

May 19: INVISIBLE DIVERGENCE explained
I illustrated what it would look like using a chart for Silver that formed an Invisible Divergence.


Today June 4
It is very close to being completed, a few cents away.
A move down below $1.12 (the former low of early Feb), a bounce back up and it is done

A New Low may form WITHOUT a MACD Cross Down !!!!!!!
A violent sweep down and back up will likely end this bear market of multi months


Pick your Bottom !!
$1 around the 60 Monthly EMA
$0.75-0.90 in the shaded zone of the bottom of the GREEN Channel

Good Luck !!


Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.