TD 9 Buy Setup Triggers On High Timeframe XRP Price Charts<\/h2>\n
After a string of sideways price action, Ripple has fallen just enough to trigger a TD 9 “buy” setup on the TD Sequential indicator<\/a>, on weekly timeframes.<\/p>\n The signal appears only on the Bitcoin trading pair, while the count on the USD pair just restarted. However, on daily timeframes, the USD pair triggered the same signal last week<\/a>, but the upside that was expected to result is only just now beginning.<\/p>\n Related Reading | XRP Up-Move To Leave Bitcoin And Tether Traders “Sidelined”<\/a><\/strong><\/em><\/p>\n The TD Sequential indicator is a market-timing indicator, used to predict when tops or bottoms are put in. The signal comes after a sequence of candles closer higher or lower than the previous, resulting in a buy or sell setup after a count of nine or thirteen.<\/p>\n The tool essentially is predicting, based on meeting certain price action requirements, that a reversal is likely. And it is, according to historic price data on the XRPBTC trading pair.<\/p>\n Weekly TD 9 Buy Setup Leads To Nearly 80% Returns On Average | Source: XRPBTC on TradingView.com<\/a><\/p>\n Since the bear market first began<\/a>, XRPBTC has triggered four other “perfected” nine “buy” setups. The sell signal is “perfected” when the nine candle falls below the low point of the previous three candles, and it increases the likelihood of successful signals resulting.<\/p>\n The latest signal marks the fifth time XRPBTC has experienced a “TD 9 buy” on weekly timeframes, with the four previous times ranging in how strong the rally was.<\/p>\n![\"xrp](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2020\/10\/xrp-btc-860x411.png\")
<\/p>\nRipple To Rally Against Bitcoin, Signal’s Past Performance Results In Nearly 80% Rise On Average<\/h2>\n