0.91 regression downtrend on the 4hr chart, smaller time frames can be less reliable with regression analysis, in which i refrain from doing this often, however this is a strong trend. Red fractal indicates following of the trend and a small downward move to the 0 fib line.
Hidden bearish divergence with LH and HH on RSI.
Bounce off the .5 retracement.
Looking for extension to 1.0 level of retracement (Target Level) which corresponds to downward resistance and accumulation zone.
*Not Financial Advice*
in 4 hour chart, Ascending triangle pattern sighted very clearly..
but it tell something different by looking with indicators
see a potential support or resistance through fib retracement line.
DMI : DMX is still rising mean momentum strength is still strong for bull for mean...
We are just getting started... The cryptocurrency market is getting hot and it will only become hotter in the weeks and months to come.
The small market cap. altcoins are going to be generating massive and fast profits, which we can use to increase our Bitcoin holdings, that's why we trade against BTC.
Now, feel free to hit like... and let's get straight to the...
$BCHSV Looks ready to recover some ground after an entire 2019 of bleeding...
UCTS Buy signal on the daily
Sitting over support at ~16k sats
MACD (bullcross & Bullish div) & RSI rising
EMA50 being crossed after many rejections in the last weeks..
$BCHSV is finishing falling wedge pattern and most likely is going to break out upwards soon.
As you may see on the chart it's in the second buy zone and it's potentially good time to pick up some.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!