XRP - INVISIBLE DIVERGENCE Forming ? Warned you !

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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 !!


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.