I hope that you will be well.
There is a trouble downtrend in UMB/USD. You can see the downtrend seem broken. Also in RSI downtrend is broken too.
In addition, we have a really strong support at 0.25$.
You can wait to confirm break the downtrend.
As you can see, there are three main trends in the chart. In the last main trend, we wait to reverse a new major. But two scenarios are possible. The first scenario is the new major pivot will be a HigherLow upper than 4023$. So the uptrend will be continued. In this scenario, available targets are 6885 (last HH) ,7000$. In the second scenario, a new...
In this chart, you can see a clear downtrend that seems to be broken and there is a pullback on the same downtrend line. Also, the good news is a really strong SUPPORT about 16.5$.
On the other hand, a nice HL is happened (17.2$). So we can wait to will occur a HH in the feature.
After approximately 200 Dark days, you can see the downtrend could be broken in daily timeframe . Look at 8 unsuccessful tries to break the downtrend. Also, we have a nice BULLISH Divergence . Now we should wait to start a bullish rally probably .
After a trouble shocking drop, I think #BITCOIN is going to another uptrend.
Look at pivots, Lower Low => Lower High => higher Low !!!! It shows how to change the trend from DOWNDTREND to UPTREND :)
In RSI, the downtrend was broken really really nice!
In the end, we have an inverted Head and Shoulder that its neckline was broken.
Use Stoploss, please...
I'm here with a new analysis on DASTUSDT.
As you can see, there is an increasing channel from 20th March 2020 until now and Dash price is moving under the middle of the increasing channel. On the other hand, there is a declining trend from a higher high of the channel.
We should wait on the red line for breaking out. Then it is going to rise about 91.67$...
As you can see, from Feb 2019 to now there is a lot of good patterns in #bitcoin chart. Today it reached between 5500$ and 6000$ that there is a very good zone for supporting. Firstly, I illustrated a Bullish Gartley Harmonic Pattern over the period Feb 2019 to now. Secondly, there is a wonderful descending channel and I'll expect to touch it in swing low...