Hey! Bitcoin going down after breakout of key 11000$ level. And now seems like have to stop by 10300 to make some pause, next level which you can expect is 9500$ and could go even lower.
After this correction, we might see a relief with possibility to have new higher highs.
ALT vs. BTC capitalization showing bullish divergence as they did in late 2017 in same level, similar circumstances on the market with slightly different sentiments could make it happen in different way, but overal setup is same.
RSI in oversold region with bullish divergence between May and July.
Volume is increasing too, showing bullish divergence with...
Well, looks pretty good setup here, bullish Inverted Head & Shoulders on 60 BTCUSD (XBT).
This bullish signal coming from last week, and everybody already noticed it and crypto-usd market look bullish again.
First entry was at 9200$ and second at 10300$. Price remain bullish until breakout from 9989$ and 9300$ as confirmation.
RSI under 40, but means nothing...
Bitcoin reversed from 9200$ yesterday and completed wave C with bullish divergence on RSI.
Noticed this reversal signals in previous Bitcoin update here:
Now we can wait for continuation of trend here as it broke downtrend channel after bullish divergence between 9890$ and 9081$ levels. RSI reversed on...
Price felled to 10020$ level inside Descending Wedge (Falling Wedge)
Now BTC near important resistance levels, breakout from them could open new bullish wave towards 12000$+
RSI stopped at 23 two times and made a bullish divergence for short-term move it's a good signal.
Continue to update BTC structure from previous posts. Bitcoin price is reversing in Descending Wedge (Falling Wedge) with RSI giving us Bullish Divergence signal. Projected take profit targets near 12000 and 12700 dollars.
As we saw price started to surge from 13200 («B» wave purp) with Bearish divergence on RSI and Ascending Wedge (Rising Wedge) breakout. I...
Price seems maxed for now at 13200$. Looking at reversal structure of Ascending Wedge, Bearish divergence and ABC wave.
RSI latest high was at 60, while previous was at 85 completes bearish divergence.
Use current levels rebound for entry and re-entry in green area.
Red area will be stop loss.
Targets shown on chart as previous highs and near 20$ level.
RSI indicator reached 36, showing us hidden bullish divergence with previous low at end of April.
Good cash stacking opportunity.
Hello, Artem is back! Here we are on XBT chart, it showing us two types of wedges: Ascending Wedge on the left with dark blue colors, and Descending Wedge on the right with red colors.
Now we in a middle of descending wedge, rebounding from dynamic support *7600$ and going to resistance area of 0.618 Fib at around 8250$.
Stochastic RSI already topped and looks...
There is Two unfilled gaps on the Bitcoin CME Futures chart.
Gaps are areas on a chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between. As a result, the asset's chart shows a gap in the normal price pattern. The enterprising trader can interpret and exploit these gaps for profit.
This shows how you can trade using parallel resistances. Quite simple strategy, sometimes giving fake breakouts, but eventually you can combine it with other signals in your trading system.
Previous ONEUSDT idea rebounded from buy zone: