ramonbenavides12

Watch for a Bollinger Hook

ramonbenavides12 업데이트됨   
BITSTAMP:XRPUSD   리플
Watch this are for a hook formation.
1) must be below the zero line
2) Usually results in a volatile move to the opposite direction
3) Last move was near 90 cents in 2 days.
4) we may hit .88 again

SEE XRP cross of death for a hook formation and results.
코멘트:
코멘트:
코멘트:
Downward -Bollinger Band % nearing zero line
코멘트:
This is a fib failure. .618 is violated look to .786 or .886 for next levels. MACD is gaining downward Momentum. Bollinger B% is nearing zero line and will cross soon. For those on the sidelines prepare an entry plan according to your risk profile.
코멘트:
V formation above the Bollinger B% Zero line is formed on the daily. This could be good for a short pop for a dime....A "V" indicates a fast move that is usually a Dead Cat Bounce.-Hunt Carefully
코멘트:
Good Morning all....Well, nearly 11 hours have passed since my last update and we are a stalemate. The .618-.786 range is holding strong. Looking at the Daily- it shows that the 1.00 level closing candles have retested three times.

I think we are near a bottom on this...there is a chance this may go lower and the lowest candlesticks are in the .80's. So, I am setting an entry point for a downward spike at .85 at 25% of holdings-Just in case, this goes lower. Call this entry 1.

Each of you must assess your own risk to reward and this is not an investment advice. I am announcing my plan based on my assessments and experience. I am not responsible for the actions of other traders.
코멘트:
See New Comments
코멘트:
This is approaching zero line....watch for .88 to .92 with a potential to 1.37
코멘트:
Update.

코멘트:
I forgot to say that the MACD is diverging again with added strength to the down! Blue lines added to emphasize new targets and potential entry. XRP will be added to two major exchanges and I expect an uptick soon. This is still a bear market!!!!!

코멘트:
Another obvious observation XRP is trying to reenter the parallel down channel.
코멘트:
Possible Entry Zones

코멘트:
The previous update and zones are created by the use of FIB Retracement and Extensions. The Extension is from the low of 17 Jan to the high of 20 Jan. The Extension and the Retracement did not correlate-which means that there is a disparity. This disparity results in potential zones rather than absolute confirmation and probabilities.
코멘트:
nice little pop.....but looking for a Bollingerb% Hook.

코멘트:
Yikes forgot to mention.....PSAR indicator is down. In order for a transition to occur today-UT, XRP must cross 1.50....This is highly doubtful.
코멘트:
Let's do it again!!!


Still no hoooooook
코멘트:
A better look
코멘트:
Europe Asleep, US asleep---GoooooooooooooooooooooooooooD Morning Asia!
코멘트:
RSI is 98% Oversold. Bollinger B% nearing Zero, Strong MACD Down Target of .89-78 Zone is in play.

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