MACD & Parallel Channel Analysis XRDUSDT

2 พ.ย. 2018

Hey guys,

I have been looking at XRPUSDT and just wanted to let everyone know of some general trends that are taking place.

We are at a support right now based on the fibonacci retracement at 0.618, in a downward parallel channel, & in a MACD golden cross (in the process).

One thing to mention is as a trader who is still understand trends. I don’t necessarily know if portion 3 of the MACD channel is valid as it does not follow the downward channels of 1,2,4. I would appreciate any feedback on this from you guys.

5 พ.ย. 2018

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Pushed past resistance. Next target 0.579

5 พ.ย. 2018

บันทึก

CORRECTION: 0.515

6 พ.ย. 2018

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Target of 0.515 reached. The MACD is diverging so it looks like there could be more movement upwards.

6 พ.ย. 2018

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Next target: Based on the Fibonacci retracement, the next price to reach will be 0.579