Looking more and more like a bottom forming on DOGE and my take is it will back-retest the low $0.16xx once more before actually reversing to the upside. Note: Selling volume is/has dried up. RSI and other indicators pointing up on the daily. High volume support exist here from the mid April run-up on DOGE. Waiting for confirmation/retest. Not finacial advice.
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On the RSI Bitcoin appears as though it wants to break the downward sloping resistance of a descending triangle. The upward sloping support of the ascending triangle has seen multiple touchpoints, and the more a trend line is tested the more likely it's going to be broken, the same goes for the horizontal resistance. The KST is displaying a bullish cross where...
Yeah. this is what happening when the market is uncertain of its direction. TAYOR. Bullish BAt still valid amid of pending completion of bearish Cypher pattern.. confused? so am i.
This sideways chop shall end sooner than later accumulation happens in many ways. The bear is truly exhausted. The next run will be much greater then the last, dont miss out
So... on BTC, my bullish setup is as follows: EW wave 1 with 5 waves has completed then after we seen an ABC correction that we forecast has ended @68.1 so long as it does not break below 68.1 if it does then we are forecasting that our wave 2 then will be @78.6 where then we will be looking for another different buy setup if there is. but for the current setup...
We find ourselves in a current consolidation area between the previous two consolidation zones. All of my indicators are squeezing while the price stays at a standstill, we are prompt for a big move soon. -THE TRADERS TRIBE.
This is the chart I'm tracking. I'm neutral on the sidelines to see how this turns out. I think we will know soon.
What do I think? Well, I think to be considered back into the bull run, we will need to get above the 21W EMA and 20W SMA, which historically I believe pretty well delineates bullish periods vs bearish. So for that to occur, from where we are now, we'd have to move at least another $8680.00 in the + direction, then I'd need to see us stay above that line and range...
Price discovery is at an ATH for hex while the rest of crypto is struggling, new stakers everyday, old stakers buying more and more, what else could you ask for? Well Richard Heart’s new fork of Etherium dubbed PULSECHAIN is set to help out not only hex but all the other erc-20’s. Not only is this huge for crypto but there is an awareness about hex now coming...
A quick analysis on BTC using the daily time to be able to predict how most probably will move in the next coming weeks. 🎯 ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to...
Obviously, don’t take this as a financial advice since TA isn’t necessarily working with cryptos as well as it does with Forex. However, we can see nice support as indicated on the chart. Even though it’s a descending triangle, you can open short-term longs up to the top axis of this pattern. Your stop loss should be pretty tight as we’re located almost at the...
Price is currently at a strong daily support. If price hits TP1 I will look to secure 80% of my position, put stops at break even then let the profits run to TP2 where I will close out fully.
Unfortunately i don't believe BTC is ready for its return to the ATH . I see the current pennant as a bearish signal with the pennant creation from the higher high to the low - Consequently making lower lows and lower highs as the pennant develops. Test on 30K again at some point - possible wick only We saw the initial huge drop and slowly but surely, on each...