hello as we can see on the chart everything is well explained, so I will make a small curriculum vitae, we can see several areas of accumulation and rise thereafter
-The stoch is in an over sell position, same signals as at the start of the bull run so we wait for the next climb
-We can already take a position on the btc (DYOR)
-Several resistance identified as...
At first, as we can see, FTM / USDT is in a triangle, we have strong support at $ 1.81 with POC and our support diagonally.
-We can see that the rsi is at 42, once the 50 mark has passed the bullish momentum will resume daily!
-The stoch seems to be near the oversell area, so possible to climb.
-Several resistances are represented we are currently trading at...
Aave / usdt is in the beginning of a recovery we can see that the stoch is in oversell on a daily basis, we are currently at a big support which has multiple recoveries allowed us to resume an uptrend, we have a major resistance to indicate on the chart
-The rsi is in the bearish zone = 33 , we want the 50 to ensure the uptrend
-Personally I am in position, DYOR...
Good Morning, I'll try to make it simple this morning!
-First, we can see that we would have completed our 5 wave at 0.618 extension, we can see that the RSI and the STOCH on the daily we are in a big overbought zone
-The plan ? : A possible retracement at our 4.68 so I went into position at the 0.618 extension, with a short for the retracement.
- I would take...
Hello from Canada, hope you have a nice day, today we can see that SAND / USDT just finished wave 4, as we can see on the chart, the bullish impulse wave just showed us the end of the wave 4 and the start of our final wave 5, I plotted a target of 0.618 extension after that we could see an ABC correction
Thank you and have a good trading session.
For several days the bitcoin begins its descent we can see thanks to the eliotte wave that we would be through wave 4 to initiate the final wave of wave 5 before having a rise.
(Why would we be in wave 4?: We can see that the RSI in 4H would be in oversell but if we look at daily we are not at the bottom, so wave 4 would be confirmed by a rebound)
We can also...
Sand/usdt outperformed btc in the last 4 days as i predicted, but wait a minute a cryptocurrency can't to the moon without some pullback or correction we can see that rsi 4h 1 days are in overbought .
Sand/usdt have been in a parallele channel , what we can see ( the most probability things is to see a break down to complete our 4 wave , we know that the RSI ,...
Sand/usdt is now at support (poc : volume support , previous ath support , fib levels )
What we expect from now ? Sand/usdt make new high recently , we can expect a little pullback before some continuation , on the liquidation of yesterday we saw many people shorting sand but sand was sent to the moon
-no sell activity