Evening Traders! Today’s technical analysis will focus on LINK’s blue sky breakout that currently has a probable bearish divergence at play. Points to consider, - True blue sky breakout - Structural support (S/R flip) confirmed - .618 Fibonacci in confluence - RSI diverging from price - Volume nodes below average LINKBTC has been in price discovery mode...
Evening Traders! Today’s TA will focus on a probable trade setup – two key levels to watch are the structural resistance and the ascending support. Points to consider, - Consecutive higher lower - Structural resistance to break - Ascending support respected - RSI diverging - Stochastics in an equilibrium - Volume declining BTCUSD has been trading with...
Evening Traders Today’s Technical Analysis will be on XZTBTC that has been in a strong bull trend, a correction and a retest of the .382 Fibonacci is likely before a continuation. Points to consider, - Bull trend intact – consecutive higher lows - Key support (.382 Fibonacci) - Local resistance to break - RSI correcting to support - Stochastics projected...
The bullish case is here: VPVR Point of Control, since $3K in September 2017: $8,188 Price has closed for two consecutive weeks above this PoC Hash Ribbons buy signal - December 2019 1 & 2 Year MA bull-cross - January 2019 Price above MA Ribbons - January 2019 MACD bull-coss on Weekly - January 2019 The is continued analysis from the below,...
Bear flag on 4hr time-frame, vs bullish support on longer-term time-frames. This extrapolation would be a breakdown of the bear flag targeting around $7.4K and again testing the previous maro bull flag resistance turned support trend-line, before continuing the bullish rally to $11.5K. The 4hr RSI remains oversold while struggling to leave these conditions,...
Hello everyone! BTC dominace lvl has gone down a little and, we start to see more trading volume flow into retail's favorite crypro exchange coinbase as its trading volume increased 50% recently. Retail money is what makes the uptrend move sustainable! VPVR looks bullish as the price pierced through VA and both long term and short-term POC with long term trend...
Hello Traders! Today’s update will be on BTC, forming a bullish Cup and handle pattern that will only be confirmed upon a break of structural resistance. Points to consider, - Probable bullish pattern - Clear structural resistance - EMA’s barely holding BTC - RSI putting in lower lows - Stochastics in lower regions - Average volume BTC is currently trading...
Evening Traders! Today’s update will focus on ETH’s recent developments of getting rejected from structural resistance; a retrace is probable to the .382 Fibonacci. Points to consider, - ETH Parabola rise - EMA’s currently support - Structural Resistance tested - RSI overbought - Stochastics topping out - Noticeable bear volume ETH has had an insane...
Hello Traders, Today’s chart update will on BTC’s immediate projection- we have a probable diamond formation which serves as a bullish continuation pattern. Points to consider - Trend travelling into apex - .382 Fibonacci as local support - RSI respecting trend - Stochastics in lower regions - Volume declining - VPVR area being tested BTC is closing in...
As can be seen on the Daily chart using the TI Indicator, we are currently at the 50 Week MA on a Sequential 9. While the long-term 200 Week MA is sloping downwards (has a bearish posture), the 50 Week MA is rising (has a bullish posture). It's also clear from previous TD 9's, whether buy or sell signals, have been very reliable in calling short-term tops and...
Hello Traders! Today’s chart update will be on HEXO CORP where we have a probable bullish divergence forming on the daily. Local resistance is a key level to break to show first signs of a possible trend change. Points to consider, - Clear bear trend intact - Bullish divergence forming - Local resistance to break - Stochastics in upper regions - RSI respecting...
Hello Traders! Today’s chart update will be on ADA/BTC which has been putting in consecutive higher lows as it comes to test a critical resistance level. Will ADA have enough momentum to break this level and maintain a bullish bias? Points to consider, - Overall trend changing - Support respected with a triple bottom - Resistance currently being tested...
Hello Traders! Today’s update will be on LTCBTC where we have had a bull flag breakout currently testing structural resistance, a close above this will confirm a trend change. Points to consider, - Resistance to break - Bull cross imminent 200 MA & 20 MA - Stochastics projected up - RSI respecting trend line - Volume above average - VPVR decreasing in...
Hello Traders! Today’s chart update will be on AIONBTC where we have visibly increasing bull volume as structural resistance gets tested. Points to consider, - Trend still range bound - Structural support – Accumulation - Structural resistance yet to break - Stochastics in upper regions - RSI at overbought - Volume increasing AION’S trend is still range...
Hello Traders Today’s chart update will be on XLMUSD testing a key Resistance, the 200 MA, where a break will increase the probability of a confirmed trend change. Points to consider, - Short term bulls intact - 200 MA, major resistance - Structural support respected - Stochastics in upper regions - RSI respecting support - Volume declining XLMUSD’s chart...
Hello Traders! Today’s chart update will be on OGI where bulls are promptly trying to change the bearish structure; key levels must break for a trend change to come to fruition. Points to consider, - Trend structure changing - Local support being held - Structural resistance to break - Stochastics in neutral territory - RSI diverging from price - Volume...
Today’s chart update will be on LINKUSD where key levels a prone to get tested; a bullish formation – cup and handle- is upon fruition. Points to consider, - Bull trend from yearly lows - .328 Fibonacci serving as support - Key resistance to break - 50 MA providing current support - RSI respecting its resistance - Stochastics in upper regions - Volume...