The DENTUSDT is at the bottom of its uptrend channel in a 30-minute timeframe. The positive point is the positive divergence in the CCI, while the RSI is in a strong support range. Please enter into the transaction considering the loss limit. BINANCE:DENTUSDT
RENUSD is showing negative MACD histogram on the 30 minute chart, as well as an OBV high for the month, indicating an undersold asset ready for positive price movement. RSI also indicates that it is undersold. A good time to buy!
A lof of information in the chart for uber pre-earnings. The earnings call is after hours tomorrow 08/04/21.
Few gaps that need filling, which gets filled first?
MacD looks bearish and bullish on diff time frames.
Could pump or dump.
What do you think?
I see a CUP and Handle on 30-minute chart breaking the 32-34 trendline. The only problem is, there is only a slight uptrend before the C&H pattern. This could have been more bullish going to 40-ish.
This could be repeated more often that results to crawling up to the 40K price point.
CUP The cup is in a consolidation pattern, with the prefect pattern...
As it is obvious, a reverse HEAD AND SHOULDER pattern has been created in the chart. Our target is the distance between the neckline and head from the break point of the neckline.
Do not forget to set stop loss for your trades.
The chart was moving in a parallel channel, and it broke the channel to the upward. It hasn’t broken the previous resistance in a proper way so we have to wait to get the breakout confirmation. If the bulls were stronger than the bears, we speculate that GOLD will continue its uptrend to 1912$ zone.