Bitcoin is bearish on its 1D technical outlook (RSI = 39.469, MACD = -911.900, ADX = 24.282) but on the 4H timeframe it has posted a bullish divergence on the RSI via a HL trendline, which was present on the last two Lows. Those were not bullish divergencies though as the price was also on HL, which makes today's formation even more bullish. The pattern is a...
Hello dear traders
I hope you are well
In the uni currency, the price has hit the swing resistance level in the 15 and 30 minute time frames
Considering the decrease in momentum in the price of this currency, we can think about short positions
The loss limit and final profit limit are specified in the chart.
I hope you use this signal
Ripple has failed to cross the logarithmic trend line that turned from support to resistance.
Despite drag from last weekend's pulse in bitcoin.
Ripple is very likely to retest the support trend line at around 0.215
TP2 = 176.16 (July 29, 2017 low) hit as 1D made a new Low at 169.35 (RSI = 33.683) before it spiked to 226.94. That level was again rejected on what seems to be the latest Lower High on the 1W Channel Down (MACD = -97.260, Highs/Lows = -132.5717, B/BP = -252.1900). We are short again on Ethereum, targeting 176.16 once more and 138.61 in extension. Any upside...
Technical view on ETH (find a macroview chart in update section) seems to corroborate an idea mentioned in my earlier post today on BTC (it is linked below), i.e. we might see a technically supported correction in BTC at the end of April indeed.
The wedges in ETH's chart seem to equally converge towards a very pointy area of "forced decision making" by the...
