Really interresting formation, Big breakout followed by lower high / lower low with lower volume. It's clearly a continuation pattern. We can expect a really imminent breakout
ALPHAUSDT broke 2 times the downtrend, but there is a big resistance above.
So, what will happen to BTC USDT? We have mixed signals on 2H: In favor of correction continuation: Lower high and lower low, so we are un down trend Death cross (MA 50 crossing MA200) In favor of reversal: Divergence on RSI and MACD Volumes decreases Wait and see.
After a false breakout due to BTC correction, will XEM try another push? Will trade the breakout if happend.
This is a ridiculous rebound for a bullmarket, i think that: if the price don't go higher quickly, it will go down lower quickly
IOTAUSDT show some reversal signals: Decreasing volume while increasing price RSI divergence MACD divergence If IOTAUSDT break the trend, reversal can happens, and it can be powerfull. Be aware. The setup can be cancelled if IOTA show us a nice pump.
Some signals like RSI divergence on 1D says EOS want to reverse the trend, or at least correct versus BTC. Associated with this setup on EOSUSDT , we can expect a big green candle if breakout happen
End of the correction incoming. RSI divergence on ALPHA / BTC Close from resistance on USDT. Trade the breakout
These patterns are bullish, trade the breakout
Massive RSI divergence, good volume, but we need to wait the breakout. As usual on this kind of reversal, the breakout can be very powerfull.
Bullish pattern , trade the breakout
Bullish pattern, trade the breakout
Trade the breakout
Welcome on this BNB analyse, my currently favorite coin. BNB just touch all time high few days ago, we are in correction trend. We can wait break out to open a long position, be aware about ahead of resistance. If we correct further, a position can be open on the previous resistance at 20$
consolidation phase, waiting the breakout
We can see bullish falling wedge pattern with a little positive divergence on RSI. This is Reversal pattern, waiting for the breakout.
Be aware, uptrend can change at any moment: RSI & MACD divergences: divergence is when the price of is moving in the opposite direction of an indicator. Divergence says the trend is weak, and that can lead to price changing direction. Volume decrease: fewer peoples are interested, the direction can change easily