Bitcoin is located in a range area. Is the rise of bitcoin a correction in a downtrend or a reversal to the uptrend? Although a positive divergence can be seen in the RIS, I think it is too early to conclude that the bitcoin trend will change. Bitcoin continued to decline over the past few days by reacting to the moving average of 40 as expected (see link below)....
$ 14,210 is the level of static resistance as well as EMA 20 resistance in the Ranko chart. This is a correction in the Nasdaq downtrend and there is currently no sign of a change in market trends
Matic has been confirmed to have a downtrend for the following reasons and has not shown any sign of a change in trend at the moment. 1- RSI negative divergence: As can be seen in the chart on the right side, the MATIC has a negative divergence, which is a sign of a downward trend. 2- Bearish crossovers of Brick indicator and brick zone indicator. 3- Bearish...
Rose downtrend is confirmed: 1- break down the bearish wedge pattern 2- break down the support line and pull back 3- Bearish crossover of brick indicator 4- Bearish crossover of MA 20 and MA 40 All of these indicate a confirmed downtrend. I expect the downtrend to continue in the future
Crypto.com is under MA40 resistance and located in the Ichimoku cloud in the renko chart. Open a long position if the price breaks up MA40 and Ichimoku cloud. for this price should close above 0.55 In the daily timeframe.
Gala respected to MA40 and closed to bearish bricks. it is a signal of a downtrend. the first target is 0.17
ETH respected MA 20 in Renko chart daily timeframe and closed first bearish brick. it can be considered as an early signal of a bearish trend. the first target is 2500 $
The one-back pattern is one of the Renko chart patterns. dogecoin breaks down the resistance of the pattern at 0.152. it is a breast trend signal. the signal will be canceled if the price goes up to 0.233. the probable target area based on POC of volume profile is 0.06
IFTU makes a bullish crossover of 20 and 40 MA in Renko chart. we expect an uptrend in the coming days
Filter the noise for Ethereum ETH by the help of Renko-charts (upper chart). In this long-term view we see current price at interesting support level starting from the cycle top January 2018. The lower chart shows the candle-chart in comparison - much more noise, right? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not...
Filter the noise for Ethereum ETH by the help of Renko-charts (upper chart). In this long-term view we see current price did not break an even went higher than interesting support level starting from the cycle top January 2018. The lower chart shows the candle-chart in comparison - much more noise, right? 😎 Drop me a nice comment if you'd like me to analyze any...
Hi dear traders. BTC is above an important support line. It seems BTC may create a range area between $ 40500 and $ 44000 in the coming days. The presence of BTC in this range area (40500 - 44000) does not seem to last for many days. if it breaks down the support line, the next target will be a range area between 29500-40500. My idea is not to enter any position...
hi As previously predicted, ETH entered a downward trend (see below idea) ETH is in a confirmed downtrend and its first target will be $ 2800
Here on ETH daily chart I've used the RENKO chart to outline some clear support levels for ETH, 3300-3100-2800-2300-1800. Let's see how this plays out I think 2800 would be lowest we hit here, unless slipping to bear market.
Renko BTCUSD Down Things are very difficult, it may come down more with more caution and then caution This is just a simple and humble analysis
Hi dear traders This post is a continuation and confirmation of the following post. We have already talked about the upward potential AYA breaks up the range area. This is a very good sign for upward movement. Confirmation of this signal depends on whether it does not re-enter the range area. this is one of the signals of a possible uptrend in the future
Hi I want to analyze the Crypto Index chart. First, let look at the weekly candle chart.CIX is now above the POC support line. It seems the Valid support line is about around 273,000. Renko Chart: CIX is in a range area. If the CIA breaks down the range area, the first target will be 264,000. If the CIA breaks up the area, it could be an early sign of an uptrend.
Confirm two of the three conditions of the Ichimoku strategy 1- The cloud has turned red 2- We see red bricks of Renko chart under the cloud 3- For the final confirmation, we have to wait for the lag line to go down under the cloud