Nothing scientific here -- I made this chart a few weeks ago (when the Bar Pattern starts) for kicks and gigs, but it's actually been holding up nicely. Can we keep it rolling after a correction? Find out next week on Bitcoin of Our Lives That was a lame joke
Interesting trends forming on several VET pairs. VET has moving sideways since 3rd week of April against USD and BTC and are now forming a symmetrical triangle, which could indicate continuation of uptrend. IMO the pair to watch is VET/ETH...descending channel since mid April, now wedging, could indicate reversal of downtrend. Bullish divergence on 4h +...
I hold BEPRO, so take this with a grain of salt...I'm looking for bullish setups BEPRO has been in a tight downtrend for a while since hitting .02 ATH, hit support in mid April, and has been trading mostly sideways since. Dipped below 21MA recently. Possible bullish divergence developing on the RSI. I'm expecting to see a few more days of accumulation and then a...
COTI has been overall bearish since setting ATH in late March. Tried to rebound on 4/21, but was sharply rejected and sent down below 21/50 MAs where it has lived since. Price is wedging and a symmetrical triangle is forming with daily downtrend (continuation pattern). Just based on the chart alone, I would not be surprised to see a pump, rejection, and to...
Let's watch...I want to see a close above white trendline and continued volume
GRT has been in a slow and painful downtrend since it shot up in Feb, but remember, it is only down about 50% from the peak...this is typically a normal and healthy correction. Price dipped below the 21MA at the end of March and price action has been bullish since with MACD cross. We are now approaching strong daily downtrend line. I see 3 scenarios... 1....
GRT has been consolidating for a while, but daily trend line remains intact and bullish. Currently sitting at 1.75 RSI indicates slightly oversold. Expecting a little more consolidation, then breakout to retest ATH. If this happens, I do expect us to reject the ATH and correct, but it should also bring support levels up above $2 Wait for it, want to see candle...
Resistance at 35 has been strong, but pattern is overall bullish. Expecting more consolidation, then a strong move up. Entry target would be ~28...target 40-45 Keep fundamentals in mind, UNI v3 could release and blow this pattern up any moment. Do your own DD. New to this, feedback is appreciated. Roast me.
Pretty straightforward...the upward move today is encouraging. I expect to see it test the previous support ~12.20, if it breaks I see it continuing to test previous support/resistance levels at around 16 and 18 I know nothing, don't listen to me.
Should follow trend line and test ATH soon...MACD looks like it about to cross upwards, looking bullish. I know nothing, don't listen to me.
Very new to this and still a lot to learn, so any feedback is appreciated. Here's what I see... -Classic cup and handle, ATH was hit on 2/10 and the dip started. -For now it seems to have found support around ~26.38, but RSI and MACD seem to indicate that it's a little overbought, so I would expect more correction over the next week -targeting ~24.85 if...