A Quick BTC 4hr Chart Update: BTC is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA. The Upper and Lower Bollinger Bands are expanding away from each other indicating upwards volatility is increasing because notice the candle testing the Upper Bollinger Band. BTC is above its 50EMA for this 4hr timeframe. BTC is above its Volume Point of...
Quick and easy BTC 4hr chart update: On this 4hr timeframe, BTC is above its Bollinger Bands Middle Band Basis which is a 20 period SMA. BTC has found resistance from its 50EMA. BTC needs to close a 4hr candle above this crucial level. BTC is back above its Least Squares Moving Average (LSMA) for this 4hr timeframe. If we look at the descending Pitchfork...
Quick and easy VeChain 4hr chart update: On this 4hr timeframe, VET is above its Bollinger Bands Middle Band Basis which is a 20 period SMA. VET is back above its 50EMA and has managed to close 2 previous 4hr candles above it and looks like it will do the same for this 3rd 4hr candle. VET is still above its Least Squares Moving Average (LSMA) for this 4hr...
VeChain Update: What an absolutely crazy couple of days. Remind me never to buy a Tesla. At the moment of typing this, VeChain is still below its 50EMA on the daily chart. VET needs to eventually close a daily candle above this level and turn it into strong support. VET is above its 200EMA. At the moment of typing this, VET has found a support & resistance at...
VeChain quick daily chart update: VeChain is still within its upwards Pitchfork Pattern (Points A,B,C). VeChain is back above its Lower Yellow Pitchfork Support Line. It looks like VeChain may soon attempt another crossing back above its Pitchfork Media Line. For this timeframe, there is no fear of VeChain crossing underneath its Pitchfork Hagopian Line...
VeChain Longterm Outlook: I thought i’d do this post slightly differently, more neater with less indicators on it so you can see how far VeChain has come and what a crucial time VeChain is nearing at. VeChain is well above its 50EMA on the daily chart. The Bollinger Bands are indicating volatility has increased with the Upper and Lower Bollinger Bands expanding...
Volume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security. Volume analysis can help to confirm the existence,...
An analysis of the beginning of the last bull run and its trend change, by looking at major LSMA supports and resistances. We are now above all these LSMA again for the first time since then.
Resistance needed to be broken: 6300s range A daily close above 6300 would indicate we're not going to fall to mid 5000s this week. A daily close above 6400 means 6800 automatically, believe that. Hedge short above 6300 or 6400.
- Divergence on OBV Oscillator - OBV high/low cross for big move - Tapering volume - Retested support - One of the coins that didn't blow up like every other coin