-Spinning bottom candle (bull)
-RSI broke out resistance trendline, then retested with success
-spinning bottom following by hammer (bull)
-heikin ashi smoothed went green (bull)
-RSI trendline not broken out yet
Resistances to pass :
-10400 (pMonthly pivot)
-11000 (high + """POTENTIAL""" iH&S neckline) (a pattern is not a pattern until...
W close to watch !
Still bullish on 3D and W
-W RSI pennant
-W inverted hammer
-3D bullish swallowing candle
-3D bullish RSI divergence
Past week opening was 10k1, this is the first level to hold, where we can also find POC (volume profile Point of Control) since early july to now
This week opening was 9750, it's the second level to hold in order to preserve the...
The chart speaks for itself.
If the price goes through the MA200 and the strong demand zone, just short it to 800-1200$ support zone.
Until it happens, BTC could already be in its consolidation zone.
SPX volumes are issued from the 500 spots tickers, this special ticker is made by Trading View.
-Bear divergence on oscillators
-VWMA55 (volume weighted MA) under MA55, same for 144, 233 are getting closer > confirmation of bearish volume trend, when price is going up (volume bear divergence)
-price stoped its progression on the historic channel central...
Technical elements :
-Bearish Chuvanov fork > XRP is retesting the 2nd line of the fork
-Rising wedge > XRP is standing on the parallel of the wedge at the moment, which is the 1st target of a wedge pattern but not the last one
-Double top > we should not pay attention to the big shadow of the higher high candle, obviously a FOMO shadow, just...
H&S formation ?
H1 : Bull divergences (see green lines on indicators) + hidden bull divergence (look at the price standing higher low compared to point 4 while the RSI goes lower low)
Daily : Bearish hidden divergence + divergence on stochastic
Correction until 0.5 level or further ?
(logarithmic chart, you can see the rising wedge that nobody...
Hidden bearish divergence on RSI14 (price didn't touch the resistance trendline but RSI did)
Hourly, MA 21 (green) just has passed under MA 50 (sky blue), bear pressure of the MA 200
Volume is going down
BTC closed with a doji on the last 2 hours interval (reversal signal)