Hi to all!
As u can see, TRX had some very nice up, but correction is here!
Price plays a lot out of Bollinger bands, so can expect a pullback. Also look at that nasty doji daily candle from yesterday. Yea, it is green, but that is very bearish candle with long up wick,
RSI Bearish divergences + too overbought
R:R isn't good because of that yesterday wick, but...
RLCBTC is in downtrend for 2 days and 18 hours with 25% loss. Before that we are had spike with 25% up. Now we are in the same zone of accumulation (channel) that we had been before last spike up. U can see that we have some smart money here because they are hunting stop losses above the channel of consolidation (accumulation).
Also u can see that we are having...
We are having a good support around 16757 and we just bounced from that price and breakout from a Flag. In past we are having a great spike to our target, so I hope that it can do it again.
Risk/Reward ratio: 4.24
Wave 1 is around 1600%, Wave 3 is 400%, that is the 4 times less then Wave 1, and if we use that formula for the Wave 5 we will have 100% up. IF we have 100% up for the Wave 5, we will perfect touch the fib 1.618.
U can also see that from Wave 1 to Wave 2 we are having a Flag pattern, and now from Wave 3 to Wave 4 also, with the same breakout scenario.
BNBBTC forming Cup and Handle for a long time. We are seeing some really nice Cup and this potential Double Bottom can be our Handle. Double Bottom to the pattern line of Cup and Handle and then a breakout. This is what I see. What do u think guys?
We are forming bullish Ascending Triangle.
I'm expecting bounce up from RSI 42 lvl, because in past this lvl has been a very strong support for BNB.
Stoch RSI is oversold so with movement price up we will have bullish crossover.
Also we are in the channel of handle. U can see my chart about CUp and Handle from 15. April:...
As u can see this is a clear RSI divergence. In price we are having higher high, but on RSI we are having higher high and after that higher low. As u can see I catch u one more RSI divergence in past, on 24. april just to show u the price movement and similarity.
WABIBTC 1D timeframe
I think that this is Rounded bottom pattern. If u measure in the middle from top to bottom u can use that as potential target, and target will be on the first line of fibb lvls (0.236) , around 15443.
Binance: EOSBTC 1H timeframe
We are seeing some very bullish momentum for EOS, and now we are forming Flag pattern, so we are waiting for breakout to continue this bullish trend and momentum!
As u can see on RSI, we are in having good support around 50 RSI. I'm thinking that we will now touch again for the third time upper trend Flag line. After that we will...
On our first rally to first Flag we are seeing around 100% price up. After first and to our second Flag we are seeing around 41% price up. So, we are in up momentum, but it is weaker now first rally, because of that I will use my profit before 8000, with around 37% profit.
We have Flag pattern. We are waiting for breakout. Stoch RSI is on low lvl with positive momentum, RSI around 50 so we have space to go up. Around 9021 is past resistance, but I will sell before 9000 because it is psyhological number.
Buy now, sell around 8995 with 5% profit.
Binance: BTCUSDT 1H timeframe
I think that BTC creating Flag pattern.MACD in positive trend. If he touch 7000 (it is psychological number), I think that he will bounced up.
7147 will be the breakout price, but RSI can be overbuy around 70, so I will not risk more.
Buy at 7000 sell at 7174 with 2.48% profit.
Remember, u don't wanna be greedy. :) Every profit...
As u can see, the price is falling but RSI is showing some divergence, and slightly up. Also RSI is oversold, and MACD blue line is above yellow that is showing us that can go up. The price can go down to previous resistance and support at 452, and then bounce up.