Muska17

Muska17

We can see a clear bullish divergence pattern here, between price and RSI. Plus RSI shows this pair is clearly oversold.

Muska17 Updated 

self explanatory, target is 140 sats (1.618 fib level), can go higher.

Muska17

the price could decrease inside of this downward pitchfork

Muska17

XVGBTC pair failed to break the 64/65 resistance and started forming an H&S pattern, partly because of bitcoin's price movements. It is still trading in this ascending triangle. The price could reach the support line so the H&S pattern completes (MACD indicates that is is likely), i.e. ~45 sats, which would still be a bullish configuration and an excellent entry point.

Muska17

During the past few months XVG/BTC formed a very nice bullish trend in the ascending triangle. For the bullish signs - The ascending triangle has been broken to the upside ; - The 0.382 fib level, 54 sats (which was a previous resistance), has been broken to the upside as well ; - We have an increasing volume on this pair - 58 sats level acted momently as a...

Muska17

I think a retest to previous resistance area (42k) is possible, though remaining in a bullish configuration.

Muska17

On the daily timeframe, yesterday's candle closed with a lower high as shown with the yellow trendline. From this signal we can expect two things in a first time : - a re-test of the 32k-ish level, that we represent here with a rectangle. This zone was a resistance (first red circle) which was broken on january 6. This zone then acted like a support (second red...

Muska17

This pair has known a significant correction during the past two years. On the weekly and daily timeframes, RSI clearly shows the pair is oversold. On the daily timeframe we observe a bullish divergence between the signal and RSI. The price could reach the previous resistance level at 34/36 sats.

Muska17

- price reaching an historical low - RSI : strongly oversold, on the weekly and daily timeframes - macd getting to the end of a red cycle, on the weekly timeframe - divergence between price and indicators (MACD & RSI), visible on the daily timeframe I think the price could easily bounce to weekly EMA20, i.e. 1600-ish sats. My entry point is 890 sats and my...

Muska17 Updated 

Price is still trading in the same pitchfork i published several weeks ago. We had a lower high today at 11K8. On 4H chart, upper channel's green line of this pitchfork acted as a support. So did EMA200. Signal is now moving in this triangle (yellow and green lines). The price will either break the yellow line and test pitchfork's upper line (12k9-ish), which...

Muska17 Updated 

bullish signals : -> On the 4 hours chart the signal tested the EMA200 which seems to act like a support for now -> the MACD seems ready for a green cycle -> RSI is close to an oversold state I would expect a re-test around 200 which will probably act like a psychological resistance in a first time.

Muska17

BTCUSD has evolved in a descending channel since the end of may. I would expect the price to decrease around the 8k9/9k-ish level, probably imminently.

Muska17

Hello, The signal is moving in this triangle. I think it is likely that it will reach the first red circle (9k-ish) considering the RSI and MACD divergence. The median of the pitch fork behaved like a support on May 10th, it is a possibility that we retest it (second red-circle) at around 8k3-ish. The worst scenario being this support turning into a...

Muska17

I think we might see a correction to 8k3 level soon